Understanding the Franchise Agreement - Sherrards Solicitors

http://www.franchisesales.co.uk

A franchise agreement is a contract you have to sign when you buy a franchise.

It sets out the period of the franchise; the obligations that franchisor and franchisee have to each other; and conditions that allow for the termination of the contract.

Even though a franchise agreement is perfectly legal, it may not be ethical.

A franchise agreement will tend to be more readily accepted in many jurisdictions (particularly within the European Union) if it satisfies, among others, any code of ethics that may be applicable, such as, for example, the European Code of Ethics for Franchising.

If you want to know more information on the franchise agreement and how it might impact your relationship with the franchisor go to:

http://www.businesswings.co.uk/articl...

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