Sentences with phrase «risk for the franchisor»

Not exact matches

Moreover, since the franchisee — not the franchisor — signs the lease and commits to various contracts, franchising allows for expansion with virtually no contingent liability, thus greatly reducing the risk to the franchisor.

Some folks think the franchisor will do it all for them — that somehow a franchise is a silver bullet where you can work less and make more with no risk.

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.