Monday 12 October 2020

What Are The Commitments Of Each Party In An Oven Cleaning Franchise Agreement?


An oven cleaning franchise is a great business opportunity - but is also a long term commitment to your franchise contract without being sure of the facts. Here are a few tips to get you started.

The Franchisor And Franchisee

When you buy a cleaning franchise, you enter into a business relationship with the franchisor. Both parties have rights and obligations which must be met for the partnership to be a success. It's essential that both franchisor and franchisee know exactly what these are.

Usually, the franchisor owns a trade mark or trade name – such as Oven Wizards. Ideally, this name will inspire trust and confidence in customers, making it a valuable asset. The franchisor will also bring their business format, typically in the form of a secret, confidential manual.

The franchisee has the obligation to follow this business format. Both parties will benefit from this: the franchisee should act in a way that does not damage the business's reputation. In turn, this will inspire more trust, and bring more customers. The franchisor, meanwhile, should provide marketing, research and development support, and other essential services.

Before you get started, be aware that some franchisors do not offer this level of service. As a franchisee, it's important to look for one that does, and that will give you the help and support you need to be successful. This should all be explained in the contract - so read carefully before you sign on the dotted line.

What To Look For In A Franchise Contract

The contract between franchisor and franchisee should lay everything out clearly and in plain English. For example, many new franchisees start out with simple questions like "How much does an oven cleaning franchise cost?" The contract must make this crystal clear, including a transparent figure for initial set up costs and continuing fees.

As well as costs, the contract should lay out business practices and territorial rights. This is vitally important; if territorial rights are not made clear, the franchisee may find themselves in competition with another franchisee. To avoid this unwanted situation, everything should be outlined plainly in the contract.

The contract should also include a time period, and outline the system for renewal. Contracts which do not state this clearly should be avoided at all costs: renewal might come with a hefty price tag otherwise, which can be an unpleasant surprise for a growing business.

How To Find A Cleaning Franchise You Can Trust

As you can see, buying a cleaning franchise business has an element of risk involved. That's why it's best to stick with a tried andtrusted franchisor with a reliable track record.

Oven Wizards have over 60 franchises around the UK, and are full members of the British Franchise Association. With experience, professionalism and established success, Oven Wizards can offer a fantastic cleaning franchise opportunity. Get in touch today to find out more!

Image source: Pixabay