Established a successful eCommerce site for retail sales of fashions and franchise owner recruitment by means of
a potential franchisor information and application portal.
A potential franchisor should be able to provide a franchisee with an adequate return for their investment.
A potential franchisor should be aware of the many legal and financial ramifications.
Everyone knows that researching the market is extremely important, but I would also recommend researching
the potential franchisor thoroughly as well.
Not exact matches
In a perfect world, any
potential «surprises» have already been dealt with by the
franchisor.
Franchisors also have to remember that
potential franchisees need more than just a love for fashion or the company.
Here's what
potential franchisees and
franchisors, as well as veterans of the industry have to look forward to in the panel:
The survey asked CMIT Solutions» franchise owners to rate their
franchisor through a series of questions in categories such as overall quality, growth
potential, support, and communication.
The FTC's Franchise Rule permits a
franchisor to provide information about the actual or
potential financial performance of its franchised and / or
franchisor - owned outlets, if there is a reasonable basis for the information, and if the information is included in the Disclosure Document.
By outsourcing the manufacturing, New York WaterMaker will be able to focus their efforts on marketing the product to
potential customers,
franchisors, and distributors.
Graceville, Queensland, Australia About Blog Franchise education for
potential and existing
franchisors and franchisees, plus specialist one - on - one advice.
Over its 39 years in existence, the Franchise 500 ® has become both a dominant competitive measure for
franchisors and a primary research tool for
potential franchisees.
Similarly, lawyers acting for a
franchisor are well advised to prepare a detailed summary of what must be disclosed to a
potential franchisee, the risk the
franchisor faces if the disclosure documents are determined to be inadequate, as well as the personal risk that the signatories to the disclosure document face if the disclosure document contains misrepresentations that may be grounds for a claim for rescission and damages.
When the client is the
franchisor Franchisees are not the only
potential claimants.
A
potential franchisee would not be willing to make the necessary start up investments in the franchised business if they were not assured of a degree of territorial protection from the
franchisor or another franchisee.
For these reasons, the Ontario government introduced comprehensive legislation, known as the Arthur WIshart Act, designed to ensure that
potential franchisees are properly informed about the franchise system they are entering, and to provide protections and remedies when
franchisors engage in misrepresentation or operate in a way that is unfair to their franchisees.
Under this Act,
potential franchisees are entitled to significant disclosure concerning the
franchisor, its principals, the organization and its system.
It can be a useful legal tool for franchisees as well as
franchisors — the former, if rescission (or rescission alone) is not viable; the latter, as a
potential defence platform against a fatal rescission claim.
As a new
franchisor, you need to offer something unique to
potential franchisees.
Graceville, Queensland, Australia About Blog Franchise education for
potential and existing
franchisors and franchisees, plus specialist one - on - one advice.
Personal Career Management are also members of the British Franchise Association (the BFA) and operate their own franchise network, so have an understanding of what
franchisors look for when they consider
potential franchisees.
Graceville, Queensland, Australia About Blog Franchise education for
potential and existing
franchisors and franchisees, plus specialist one - on - one advice.
Finally, being both a broker and a
franchisor providing services to other brokers, we can see the very real
potential and rewards of being committed to what we do.
Over its 39 years in existence, the Franchise 500 ® has become both a dominant competitive measure for
franchisors and a primary research tool for
potential franchisees.