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HIGHLIGHTING ELEMENTS OF THE CPA

FRANCHISE AGREEMENTS
Franchise agreements get special treatment, with an overwhelming number of requirements now stipulated. Some of these requirements are likely to be very difficult to interpret with certainty, such as a stipulation that all franchise agreements must contain a clause about the general principles of honesty and equity that will guide the agreement. Existing franchise agreements that do not comply have six months to be amended failing which the obligations will be read in. The Act stipulates that the franchise agreement must contain details of various services offered by the franchisor – training, for instance - but does necessarily make it obligatory to provide such services. That said, the regulations do provide a valuable "tick box" list of all the provisions that a legitimate and well-organised franchise operation should have, and this may aid franchisees and lending institutions to identify franchise opportunities that accord with best practice. Info courtesy of Cliffe Dekker Hofmeyr.

 
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BUSINESS CONFIDENCE ON THE RISE
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FASA WELCOMES CYRIL RAMAPHOSA AS MCDONALD’S LICENSEE FOR SA
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HIGHLIGHTING ELEMENTS OF THE CPA
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BUSINESS & FRANCHISE EXPO IN ANGOLA
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ENTER THE FASA AWARDS – DEADLINE FOR ENTRIES 15 APRIL 2011
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FRANCHISE CONVENTION A MUST FOR ALL FRANCHISORS
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BOOK YOUR STAND AT IFE NOW!
Fasa Events
International Franchise Expo
26-28 May 2011
Website www.ife.co.za
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