Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:

  • We have tons of content. In fact, since November 2011, I've published more than 26,000 posts on thousands of different business ideas and opportunities.
  • We don't sell much advertising. In late 2013, I realized that by selling advertising, what I was really selling was my readers. In 2014, I've already radically cut down on the number of ads and will hopefully keep cutting.

International Law Office:

In many cases, a franchisor may wish to purchase a business branch (ie, the point of sale) that was previously managed by a franchisee under a franchise agreement.

Franchise agreements often provide for a pre-emption right or a right of first refusal in the franchisor’s favour. Alternatively, an agreement may give the franchisor an option right, to be exercised on expiry of the agreement. A provision of this kind must stipulate in detail the terms and conditions on which the option may be exercised, including the purchase price. It is advisable for franchisors to insert the relevant provisions into their franchise agreements when they are executed, as this will give them the opportunity to purchase the franchisee’s business and preserve the goodwill in, and the integrity of, the franchise network.

For a franchisor, acquiring a business that was previously managed by its franchisee may be a particularly advantageous move. Full post.

Originally posted by Mark on April 3, 2012 in Franchise Site.

StumbleUpon


Related Posts