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.
«If the courts do not like
what franchisors do in situations that might require a system change... then Dunkin' Donuts might have applicability.
The Federal Trade Commission reined in the industry in the 1970s by establishing rules for
what franchisors must disclose to prospective franchisees before signing them on.
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.
What the franchisor, and its premier franchisee in Canada, have yet to find a solution for is what they see as CREA's restrictive advertising policies, which mean that Assist -2-Sell HomeWorks, for example, has to include a very lengthy CREA - approved disclaimer in all its ads mentioning its fees and how much money the company is saving consumers.
Not exact matches
cents
What is the
franchisor's litigation history?
How long has the
franchisor been in business,
what is the experience of the management team?
Franchisors are pretty upfront about
what it's going to cost to get you into their systems.
Here's
what potential franchisees and
franchisors, as well as veterans of the industry have to look forward to in the panel:
We asked
franchisors what they want in franchisees, and 4 qualities rose to the top.
One of the most important questions a prospective franchisee should ask, but rarely does, is «
What conflicts do you have with the
franchisor?»
In talking with other
franchisors, I'm somewhat surprised at how few of them engage in the «
what if «business transfer discussion with prospective franchisees.
Item 5: Initial Fees This section outlines
what you will owe to the
franchisor before your franchise opens — most important, the franchise fee.
The
franchisor will do
what they can to help you but, in the end, it is about you.
Today's increasingly sophisticated franchisees know
what most
franchisors want and may tailor their answers to suit the situation — even when the ultimate result isn't in their best interest.
What will happen to your business if the
franchisor closes up shop?
That's
what today's
franchisors tend to focus on.
Ask the
franchisor what advertising it has done and
what is being planned.
What's more, Haff says, «certain franchisors do a good job of training you and helping you in setting up your systems, and [determining] what to buy.&ra
What's more, Haff says, «certain
franchisors do a good job of training you and helping you in setting up your systems, and [determining]
what to buy.&ra
what to buy.»
A would - be
franchisor should be able to articulate
what makes the business distinctive.
The
franchisor will tell you
what build - outs are necessary for your franchise business, or if an entirely new building will have to be built from the ground up.
And then to make the issue worse, people thought it was a good idea to go to the LOCAL store, which is owned by a franchise owner, who may or may not have the same opinion as the
franchisor and do
what...?
Under
what conditions can the
franchisor and / or the franchisee terminate the franchise agreement?
Commercial
franchisors send new franchisees off with thick operating manuals, detailing exactly
what their unit should look like and how they must prepare their products or deliver their services.
It's rare for a
franchisor to guarantee income to a franchisee but that's
what A Buyers Choice Home Inspection is doing.
«Ascend's success indicates we're giving our members exactly
what they want — the ability to operate independently but with the backing of one of the world's largest hospitality
franchisors,» said Michael Murphy, senior vice president of upscale brands at Choice Hotels International.
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.
We also understand that every
franchisor is different and we are committed to understanding
what makes your business unique.
What are the possibilities for a
franchisor to avoid a franchisee's claim for a good will indemnification?
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?
Often a
franchisor will be able to exercise
what is commonly referred to as «a self - help remedy» by terminating the franchise agreement and either shutting down or taking over the location without going to court.
«This Court noted in Provigo that the
franchisor owed an obligation of good faith and loyalty to its franchisees that brought with it a duty to provide technical and commercial assistance and
what it called «collaboration» during the life of the agreement.
«The legislation is designed in such a way to protect the franchisee and to try to address
what is a power imbalance between
franchisor and franchisee.»
«There is still a lot of uncertainty regarding
what must be disclosed, and regarding some other issues in terms of franchise liability,» she says, noting that rulings have sometimes been contradictory, and the arguments from franchisees can «create too many difficulties and burdens» for
franchisors.
We have also based
what we are doing here on a great deal of discussion that has gone on over the years, including strategic planning sessions with CREA, OREA and the Industry Leaders Group - the
franchisors.
What can you as a large broker or
franchisor do to promote minority homeownership?
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.
If I was a smart person and I got to make decisions on
what to do to create a national campaign to promote Realtors, I would call on the heads of the successful real estate companies and
franchisors in the industry today.
Key changes to be expected, says Du Toit, include the way in which the traditional franchise estate agency operates: «The current asking commission of 5 % -8 % is unsustainable, and only this high because of the inherent costs built into that business model — after all, the
franchisor, franchisee, and estate agent all have to get paid from the commission of each sale, which is
what drives these unjustifiably high commissions.»
What is your relationship with the U.S.
franchisor, and how will Coldwell Banker Canada be affected by this new business approach?
The
franchisor used
what it learned from those young salespeople to «beef up» the Career Opportunities page on its website.
Over the years I've seen many reports and articles about
franchisors and franchisees — are you against independent real estate brokerages («
What's in a Name,» July / August 2011, p. 26)?
5) Since they have chosen a non-trademarkable url
what are their plans for the first well orchestrated SEO takeover for this domain 6) Did they plan and budget for an SEO program to counteract any new site from replacing this site once the DDF launches 7) Are the National Brands once their
franchisors decide to occupy this space willing to walk away 8) Are independents who, in a market like this, have long term business models that allow them to be independent, realizing
what the national brand DDF powered websites will do to them.
The province's major
franchisors have banded together to speak with one voice — although not yet a public one — about
what they see as high costs and redundancies in services offered by the Greater Montréal Real Estate Board (GMREB).