Franchisors

BoQ Franchisee Court Case Serves As Due Diligence Reminder

StartupSmart: Franchisees and franchisors have been urged to do as much as “humanly possible” to scope each other out before entering into an agreement, as a court battle kicks off involving 10 former Bank of Queensland franchisees. In what will be a nationally-watched case, 10 former Bank of Queensland owner-managers are seeking damages because of

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When Franchisees Go To War With Each Other

SmartCompany.com.au: Conflict in franchise relationships is generally considered to be that which occurs between franchisor and franchisee, but what happens when conflict breaks out between franchisees? Although rare, conflict between franchisees does occur. This creates a unique management problem for franchisors, who are often damned if they get involved, and equally damned if they don’t.

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If You Represent Franchisors And Franchisees, Are You Serving Your Clients Well?

National Post: Given how specialized franchise law is, both franchisors and franchisees are encouraged to retain lawyers with expertise and experience in franchising, not ones who just dabble in the area. There are new franchise decisions coming out all of the time with outcomes that do not always reflect the plain reading of certain franchise

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What Happens If I Go Into A Franchise And It Bombs? Will I Have To Go To Court?

StartupSmart: Having read about the problems faced by Billy Baxter’s franchisees, how can I be certain that I won’t suffer losses if I buy a franchise? And is the only recourse to drag the franchisor to court, as in this case? Answer co-written by Leanne Scott of Carter Lawyers It is always important when entering

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Franchising’s Big Potential

The New Age Online: The overall performance of South Africa’s franchising industry has held fairly steady, despite the difficult economic conditions, with the average annual growth of around 5% to 7%, according to Morne Cronje, head of franchising at First National Bank. Cronje said while this was not a particularly stellar performance, the sector had

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How To Buy A Resale Franchise

Franchising.net.au: If you’ve got your sights set on purchasing an existing business with a financial history, there are some essential points to consider to ensure you buy second-hand not second rate. Tim Kilham explains the pros and cons of buying a resale franchise. You can buy a franchise from either a franchisor or an existing

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