If you are one of those people eligible to buy your freehold (also called collective enfranchisement or the right to enfranchise), you should act before you lease drops under 80 years - the same boundary as if you are going to extend. It is then that...
Legal legal enfranchisement collective freeholdHere are some useful tips on how to select a franchise. When selecting a franchise, carefully consider a number of factors, such as the demand for the products or services, likely competition, the franchisor's background, and the level of suppor...
Business And Finance business finance franchise services franchisor products support franchisoraposs demandYou are thinking about the freehold ownership of your flat, your contract mentions the right to collective enfranchisement, but you are not sure what this means and whether or not the right to enfranchise applies to you. Forget the dictionary defini...
Legal legal building time flat enfranchisement qualifying rightHere are some useful tips on what to consider before buying a franchise. Before investing in any franchise system, be sure to get a copy of the franchisor's disclosure document. Sometimes this document is called a Franchise Offering Circular. Yo...
Business And Finance business finance disclosure document franchisor franchise tells financial informationThe Commonhold and Leasehold Reform Act 2002 is the legislation giving you the chance to control and manage the way your block is run. This will involve making independent decisions about the service and general maintenance of the flats; it will incl...
Legal legal landlord manage charges enfranchisement willPros and Cons of Franchise BusinessesFor the individual owner, there are definite advantages to franchising, some of which are outlined in the list below.Pros of Franchise Businesses Well-known trademark, either regionally or nationally, and its cumu...
Business And Finance business finance franchise advertising businesses franchisor buying franchising'Leasehold enfranchisement' or 'collective enfranchisement' refers to a group of tenants, who own flats in the same building, collectively purchasing the freehold interest from the landlord. This is once again, a statutory action ...
Legal legal manage right tenants building company enfranchisement mustI read an article from the Seattle Times this week about a Quiznos franchise that struggled for several weeks just to stay afloat after the owners disappeared. The manager and three employees stayed on with no pay in an attempt to salvage this sinkin...
Business And Finance business finance franchise franchises highWhat are the costs involved in enfranchising? Well, they are based on various factors including the amount and the level of ground rents, or the length of the unexpired terms of the leases. It's particularly important to bear in mind that if any...
Legal legal enfranchisement process itaposs noticeShopping for a franchise is easy if you know what you are doing. You can choose between radio adverts, newspaper adverts, personal recommendation, Internet, or visit a franchise exhibition. Attending a franchise exhibition allows you to view and comp...
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