Common Problems Experienced In Today's Franchising World
The following issues are ones which frequently arise in a franchised relationship. Consideration should be given to these issues when deciding whether a franchise or business opportunity is the right one for you.
- Anticompetitive Restrictions on Owners or Employees
- Contractual Waiver of Significant Legal Rights
- Degree of Good Faith to be Exercised in Contractual Dealings
- Existence of and Restrictions upon a Franchisee Association
- Negotiability of "Standard Form" Contracts
- Organizational or Business Competence of the Franchisor
- Restrictions on Product or Services Sourcing
- Restrictions on Transferablity of Ownership
- Rights and Obligations During the Franchised Relationship, Upon its Termination, and Beyond the Time of Termination
- Territorial Encroachment
