Although the purpose of the Franchise Act is to protect franchisees
\n against franchisors, there are also some obligations for it
\n franchisees determined. Especially with regard to the phase prior to
\n a number of conditions apply to the conclusion of the franchise agreement
\n explicit legal rules pertaining to the intended franchisee. <\/p>\n
\n The intended franchisee must, before closing the
\n franchise agreement, to the franchisor timely information about its
\n to disclose its own financial position, insofar as this is reasonable
\n importance. After all, the exploitation of the franchise formula requires both
\n commencement and during the franchise relationship investments on the part of the
\n franchisee. In the pre-contractual phase, the franchisee will therefore
\n must make information available to the franchisor
\n gives the (to be obtained) financial scope and coverage for such
\n able to make investments.
\n \n<\/p>\n
\n The Prospective Franchisee shall continue to serve, within the bounds of reasonableness
\n and fairness, to take the necessary measures to prevent him
\n proceeds to close under the influence of incorrect assumptions
\n of the franchise agreement. The intended franchisee therefore serves a certain
\n to conduct research. In any case, this can be counted on
\n properly reviewing the information received from the franchisor,
\n if necessary, calling in expert assistance in a timely manner and, if necessary, the
\n making inquiries with other franchisees within the chain about their
\n experiences with the exploitation of the relevant franchise formula.
\n \n<\/p>\n
\n In retrospect, if a (prospective) franchisee does not, franchisors,
\n have not been properly or not fully informed, then the law can
\n franchise affect the validity of the franchise agreement. Also
\n could a franchisee be liable for damages on the basis of the act
\n against the law.
\n \n<\/p>\n
\n mr. AW Dolphijn \u2013 franchise lawyer\n<\/p>\n