Leicester, United Kingdom (PressExposure) September 23, 2009 -- When you buy a franchise, you will have to sign a legal document known as the franchise agreement. Whenever there is a dispute between the franchisee and franchisor, this contract is the first point of call and lays down clear guidelines as to how any disputes should be handled.
The purpose of the franchise agreement is to clearly spell out the main terms and conditions under which the business relationship will operate. It will also try and protect the intellectual property of the franchisor. This is for your best interest as the last thing you want is a disgruntled franchisee setting up in competition with you!
When you buy a CityLocal franchise, our initial and ongoing obligations to you are clearly laid down within the agreement. Our obligations to our franchisees cover almost 3 pages in our current franchise agreement!
We provide our franchisees with initial training and support, a manual, consultation on how to start and operate the business, advice on launching the business and telephone support during normal working hours.
However, our obligations to our franchisees do not end there. We shall have responsibility for organising and hosting the website. We will make available support when they need it during the normal working day and advice on how to manage the business and achieve sales.
We will use reasonable endeavours to keep on improving the internet business directory and communicate all such improvements to our franchisees. We will provide them with an exclusive territory in which to run their community website. We will keep them updated with the latest copy of the operatorâs manual within their control panel.
Our agreement also clearly states the length of the term, size of territory, amount of royalties and fees, support we provide and restrictions that they face.
So if you are looking to buy a franchise business and want an agreement that protects your rights, visit our franchise pages at http://www.citylocal.co.uk/businessfranchise/ and then call us on 08448 844 815.
Sarah will be in touch once you have sent in your enquiry and if you are serious about our business model, she will then provide you with a copy of our current franchise contract. Make sure that you take expert legal advice from a franchise lawyer before committing fully to any franchise agreement, including ours!