Legal tips for those planning to launch a franchise
Publication: Real Business
Launching a franchise can mean potentially rapid expansion without the need to raise significant amounts of capital, but there is much to think about in terms of legal framework.
There are benefits for the franchisee as opening a franchise will be a less risky route than starting a business from scratch as the franchised business will already have proven success in the market place.
Franchising is becoming a popular way of expanding a business. One recently publicised example of this is the announcement that Pizza Hut, an already hugely successful franchise, plans to open 200 new takeaway franchise outlets by 2020.