Irish Franchise Blog

Franchising Information in Ireland

Entries Tagged ‘Contract’

What are the Downsides of Franchising?

Franchising is not for everybody and it is important that you know what the drawbacks are before making any sort of commitment.
It can be an inflexible method of doing business as each Franchisee is bound by the franchise contract to operate in the business in a certain way. The Franchisor has created a brand and [...]

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Understanding the Franchise Contract

The franchise contract (or agreement) is perhaps the most important document in the franchise process.   Once signed, both parties are bound by it, so it’s worth studying in detail.
The agreement outlines the responsibilities of both Franchisor and Franchisee and should be well balanced in terms of rights and obligations. It should also be exactly the [...]

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