12C - Challenges for Franchisees
Update: 2025-02-24
Description
In this episode, the focus shifts to franchisees. Andrew Henshaw and Greg Thomas explore the critical aspects of selecting a franchise, emphasising the importance of understanding franchise agreements and disclosure documents. Topics such as due diligence, territory exclusivity, and ongoing compliance with the franchisor’s systems are highlighted. This episode also discusses key risks, such as entering into long-term agreements without a clear exit strategy and the potential challenges of running multiple franchise locations. Franchisees are advised to maintain good communication with franchisors and ensure they fully understand their legal obligations and business commitments.
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