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.
Do you want to respond? Then email to dolphijn@ludwigvandam.nl
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Other messages
Non-competition clause unreasonably onerous
Non-competition clause unreasonably onerous
Ludwig & Van Dam main sponsor partner National Franchise Congress 4 October 2012
The world goes on. And it seems to be getting faster and faster. It took 130,000 years before we invented the steam engine around 1750.
Failure to provide the data underlying the forecasts will justify dissolution
Failure to provide information on which the forecasts are based is possible
Non-competition clause in the franchise agreement should not be lightly brushed aside due to (alleged) incorrect forecasting and non-performance and/or reasonableness and fairness
The Court of Appeal of 's-Hertogenbosch recently ruled on the question whether a franchisee is
Rent goodwill in franchise relationship
Rent goodwill in franchise relationship
Terms of payment
Franchisees and franchisors regularly send invoices to each other (and also to third parties).