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Thursday, 15 April 2010

Franchisors beware!

Normally when a buyer enters into a transaction, he is responsible for checking out matters himself - 'caveat emptor' or 'let the buyer beware'.  However, in a franchise situation, the Courts may well hold that the experienced franchisor has a duty of care to a novice prospective franchisee e.g. in such matters as advising them of the likely cost of a shop fit

It is tempting to paint too rosy a picture when trying to entice a prospective franchisee into paying a franchise fee and a recent court case has shown how dangerous that can be

Call Michael Breeze 07 900 195 195 for advice on commercial matters

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Call Michael Breeze on 07900 195 195 or call 0845 270 2511 to if you need legal advise about any of these issues