Where the franchisor is uninvolved, the transferee does not rely on any representations of the franchisor made to induce the transfer. |
As a franchisee, you'll operate a business using systems tried and tested by the franchisor. |
For a franchised business to succeed, the franchise system must be inherently sound and managed by a knowledgeable franchisor. |
In other systems, the franchisor will make arrangements with approved suppliers for the terms and conditions of product supply. |
In many franchise systems, the franchisor will also be your product supplier. |
Otherwise, the franchisor may simply assist you in selecting and developing your business premises. |