Below is a summary of our guide “10 Things You Need to Know About Franchising and the Law“. Download the full guide.

1. Franchising is governed by the Franchising Code of Conduct

The Code gives franchisees certain rights that don’t apply to any other form of business – some business owners have tried to sidestep these obligations by giving their system a different name.

2. A franchise agreement is a legal contract

The agreement runs alongside other, more general laws which franchisees also need to be aware of.

3. Franchisees have seven days to cool off

After signing the franchise agreement, franchisees have seven days to back out of the agreement if they change their mind.

4. Download the full guide here