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 possibilities regarding claiming a rent reduction then
Following on from earlier published articles of my hand, I will once again deal with a tenancy law issue below.
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In these times of malaise and tentative recovery, it is of course also grating and hinged in the franchise world.
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In the current time of economic downturn, bankruptcies of companies are the order of the day.