The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
What should I expect to be outlined in the franchise contract?
Firstly, the agreement should set out the term of the franchise, which tells you how long you have been given to operate the business. There should be a grant clause that will set out the rights that you have been granted by the franchisor. In particular, it should state if you are granted an exclusive or a non-exclusive territory. The franchise agreement should give you the right to sell your business, subject to certain conditions, which should be set out in the agreement. A clause should set out your financial obligations. These are usually divided into upfront fees and ongoing fees, such as management services fees and advertising contributions. You may be required to purchase goods or services from the franchisor; in which case, the franchisor’s terms of sale or supply should be set out. The agreement will also set out the franchisor’s obligations to you. There will also be a clause setting out your obligations as a franchisee. The agreement will also set out the rights of the franchisor to terminate the franchise agreement. Finally, the agreement should set out the provisions that will apply on termination.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Start your own Explorer Franchise by Hays Travel franchise
Yes
Find Out More£35,000
Request Free Information
Send a free enquiry to Explorer Franchise by Hays Travel for further information!
Start your own Treatz Desserts franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Treatz Desserts for further information!
Start your own activ Digital Marketing Franchise franchise
Yes
Find Out More£60,000 - £120,000
Request Free Information
Send a free enquiry to activ Digital Marketing Franchise for further information!
Start your own ActionCOACH UK franchise
Yes
Find Out MoreThis would be discussed at interview...
Request Free Information
Send a free enquiry to ActionCOACH UK for further information!
Start your own Paris Baguette franchise
Yes
Find Out More£1.5 - 2 million
Request Free Information
Send a free enquiry to Paris Baguette for further information!
Companies to Consider
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
50 franchises with funding plans in 2024
Added 2 months ago | 2 min read
-
How Fun Fest’s franchisees are achieving £500,000 turnovers
Added one month ago | 2 min read
-
How URBAN went from hometown hero to national name
Added one month ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Under 50k
If you have experience and more to invest
Click here -
Over 50k
If budget is not an issue, then don't miss these
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news