Sentences with phrase «franchisors need»

Why Franchisors Need to Plot Their Development Strategy with Caution Before committing resources to future franchisee development franchisors need the right plan.

A franchisor needs to hire attorneys to help draw up a franchise disclosure document and a franchise agreement, both required by the Federal Trade Commission.

We have the first - hand experience with franchising, giving us an intimate understanding of what a franchisor needs to succeed.

I have franchising experience, which helps me understand what a franchisor needs to do to serve a franchise community.

Not exact matches

The franchisor, Grubb also found, was very helpful with build - out and technical support, freeing her to focus on hiring and answering customer needs.

In terms of lessons learned, Jerry Masino suggests using your franchisor's template and training, understanding customer service — «it's the cornerstone of a lot of businesses» — and making sure your location is right by hiring a corporate realtor to provided the demographics needed.

Franchisors also have to remember that potential franchisees need more than just a love for fashion or the company.

This means that as a franchisor, not only do you need far less capital with which to expand, but your risk is largely limited to the capital you invest in developing your franchise company — an amount that is often less than the cost of opening one additional company - owned location.

Beyond capital requirements, franchisors should look at the hard skills needed for success in their system.

If you need financing to buy a franchise, a bank lender may be able to provide you with a Dun & Bradstreet report or similar financial profile of the franchisor.

Franchise Bible helps me focus on our needs as a franchisor and reawakens me to the needs of the franchisee.»

The franchisor will then ask for an initial investment to cover training, marketing materials, equipment, construction (if necessary) and anything else they need to provide.

However, most franchisors already have well - established relationships with national suppliers, which gives franchise owners the best deals on the supplies and equipment they need to run their operations smoothly.

If you need a special license, the franchisor will let you know and may even help you get it.

The franchisor will still need to be brought into the arrangement — because franchisors do not want one of their operations to get sold to someone who will not keep it running successfully.

ProTradeNet is here to help business owners and franchisors get the best quality programs and services for their unique needs.

They recognized an un-met need in the industry that was causing many franchisors and companies to fall short in meeting their franchisee onboarding, site opening timelines and budgets.

We understand the responsibilities that the owner has to the franchisor and vice versa so we can help both of them meet those needs.»

I have a very large stake in the brand from a franchise perspective, so it's important that I feel my franchisor hears my thoughts, concerns and needs.

His commercial practice has involved disputes involving advising Company Directors, shareholders, partnerships, franchisees and franchisors and helping clients generally who have business or commercially related legal issues that need to be resolved quickly, efficiently and economically.

The practical advice that franchisors» lawyers will need to give is not affected by the adjective.

As in any well - crafted contract, the Franchise Agreement is designed to balance the needs of the franchisor to protect its concept and ensure consistency in how each of its licensees operates under the brand.

In order to avail itself of the defences in subsections 7 (4) and (5), a franchisor would need to resort to statutory interpretation tools in order to include a corporate franchisor in the definition of «person».

In Franchise Canada's Spring 2013 «Viewpoints» feature, McInnes Cooper franchise lawyer Michael Melvin answers this question for franchisors and franchisees: What do I need to know about moving into new markets?

The franchise lawyer representing the franchisee in pursuing such a claim, and the franchise lawyer representing the franchisor, need to be litigators experienced in the court litigation or arbitration processes.

Similarly, a franchisor that wishes to terminate the franchise agreement or take over the franchised business but does not wish to do so on a self - help remedy basis, will need to launch a legal proceeding for damages or injunctive relief, or both, to terminate the franchise agreement and, where desired and justified, take over the operation of the franchised business.

To determine whether the franchisor broke the franchise agreement, a franchise lawyer needs to extensively analyze all the terms and conditions of the franchise agreement and all other franchise contracts, as well as obtain from the franchisee all relevant facts about the allegations.

Another important part of the analysis in which the franchise lawyer will need to carefully engage is whether the franchisee — not only the franchisor — broke parts of the franchise agreement, or failed to comply with his or her obligations under the franchise contract.

The concerns highlight the need for comprehensive legal advice for both sides of the operation: the franchisors and the franchisees.

First, in the analysis of whether a franchisor is exempt from providing a franchise disclosure document in a renewal, the court needs evidence, and it must be conclusive, about the material differences between the original and then - current franchise agreements and their factual context.

Farmers makes it easy to customize a policy that meets a franchisor's requirements — whether you need additional insured certificates, higher limits, employment practices liability insurance (EPLI), cyber liability or umbrella coverage.

As you prepare to become a franchisor, you'll usually need to add several staff members who will focus solely on helping franchisees.

As a new franchisor, you need to offer something unique to potential franchisees.

REM: Where is the direction coming from within Re / Max of Western Canada to meet consumer needs and demands — is it coming from your salespeople and your broker / owners agents, or is the expectation that you as a franchisor will provide that direction?

First, the landlord should find out if the tenant needs the franchisor's permission to enter into the lease.