How does the Franchise Act protect novice franchisees?
Starting your own business is in almost all cases a decision that entails major changes. The starting entrepreneur is confronted with great uncertainties and risks, but is given an opportunity to benefit from his own company. The choice to start the business is a trade-off between the benefits and risks. It is therefore of the utmost importance to have sufficient information to make this assessment. Only on the basis of all relevant information can a wise entrepreneur make the right choice. He or she will therefore have to collect as much information as possible in order to make an informed decision.
An article about this has been published in the trade magazine Franchise+. You can download the article HERE .
Ludwig & Van Dam lawyers, franchise legal advice.
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The duty of care of the franchisor is further specified in the context of the
In recent years, a large amount of jurisprudence has come to light regarding the non-achievement of the forecasts by the franchisee.
The bankrupt franchisor
In the current time of economic downturn, bankruptcies of companies are the order of the day.
The right of the franchisor to sell its franchise organization to a
Many franchise agreements contain a provision stating that the franchisor reserves the right
Locations on the move
There is a lot of construction going on in the Netherlands. New shopping centers are springing up here and there. Old ones are modernized and renovated.
Making changes by the franchisee to the
In addition to a franchise agreement, the franchisee has often also concluded a rental agreement with the franchisor.
Mandatory franchise council?
Not in all cases does the franchise agreement contain a reference to the franchise council or a comparable body.