Over the 20 plus years that I have been involved in franchising, several things have become apparent in franchisor-franchisee relationships: It is rare for a franchisee who is being competently advised to issue litigation against a franchisor unless there are good grounds for litigation. That is not to say that a franchisee always behave rationally or receives the best legal advice but the cost of litigation…
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There are many good opportunities to buy a Franchise in New Zealand. A well run Franchise System can provide a franchisee with reasonable income and also the opportunity to sell the franchised business for at least the price that was paid for the business and sometimes for a bigger price than the purchase price. There are over 400 Franchise Systems operating in New Zealand and many…
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With a normal business format franchise agreement both in New Zealand and elsewhere, the franchisor grants to the franchisee a right to use the system, trademarks, goodwill, etc for a set length of time which of course is described as the term. Commonly, franchise agreements provide a right of renewal for a second and sometimes third term. However, once the term is concluded then under New Zealand…
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Business franchises in New Zealand have only become well established relatively recently, as Kiwis begin to reap the benefits of the franchising business model. Read on for information on New Zealand franchises. What is a franchise? A franchise is a business operated by the franchisee under license from a franchisor. This licence is purchased and gives the franchisee the right to use trademarks, giving them access to the proven business methods and expertise of the franchisor…
So, you’ve learned franchise opportunities – what they are, how they work and how you can get involved in running your own franchise business – but where to from here? If you’re based in New Zealand, there are an increasing number of businesses available to run as a franchise. Whatever your area of interest, there will be something to suit; franchises span a diverse range of commercial areas…
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