Bfa approved solicitors offer the professional advice which will be the most efficient and cost-effective on any franchise agreement. Bfa Approved Solicitors specialise in franchise agreements and may spend a large portion of their time writing the agreements for franchisors. This advice will also ensure that all your queries are answered in a professional and correct manner.
All franchise agreements will be written in a way which it will seem to heavily favour the franchisor as the terminology used and the processes within are written for the protection of multiple businesses. When reading a Franchise Agreement and considering if it is negotiable please ensure that you keep in mind that it will potentially protect your business for the other business owners also.
The question of whether Franchise Agreements are negotiable is one which is complicated to answer as there are certain elements to the Franchise Agreements on which concessions can be made and others which have been put in place to ensure the security for all businesses within the franchise network which your franchisor is responsible for.
The Franchise Agreement will also provide protection for your own business once you have joined. You will be pleased with the knowledge that all eventualities that can be foreseen have been considered with systems put in place for the most positive outcomes to be reached.
As with all business transactions the question negotiation is also a question of trust. You will want to feel that you are able to trust the franchisor and be able to question all elements of the business. There should not be any franchisor that would like to make a habit of saying no to a franchisee, although there will be situations that a negative answer maybe received is for the protection of the franchise as a whole.