Many franchisees (and franchisors) set up their franchise business trading through a limited liability company or occasionally a limited liability partnership, rather than as a sole trader.
Employment for all business owners carries greater risks than ever before. Sue Tumelty examines the issues franchisors and franchisees should be aware of.
As if the events of the past three financial quarters weren’t enough, two recent developments may have provided franchisors with more cause for concern about the financial health of their franchisees.
Whilst we are not yet through dealing with Covid-19 Br-exit is fast approaching and in this series of article we’ll focus on various aspects that impact franchise brands.
There is no doubt that the current Covid-19 pandemic has had a profound effect on the franchising industry.
Since March this year we have given a lot of focus to Covid-19 both in our personal lives and also what this means for franchise businesses and the commercial contracts they have entered into
In the second of our Brexit series we focus on the impact it has on immigration. Franchises in sectors such as care, hospitality and retail rely on staff and franchise prospects from the EU and elsewhere to facilitate the operation of their franchises.
Given the impact of COVID-19 to businesses across the UK, it has arguably never been more important for franchised brands to have a strong online presence to engage with its customer base, maintain brand loyalty and generate revenue where it can.
The pandemic has seen the world of work change entirely from what was known at the beginning of this year.
A franchise agreement is a document that outlines in legal terms how the franchisor/franchisee relationship works.