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SYF News June 2011 Franchise Newsletter
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Press release date: 10-Jun-2011 | 
- Find out why you should consider joining the bfa
- Industry News - bfa & HSBC Franchisee of The Year 2011 nominations
- Franchising Issues - Ommissions from the franchise agreement?
- Franchising Issues - Government plans for more effective flexible working
- Franchisee Performance - Franchise networking days producing rewards
- Latest Conversion Reports
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Non-bfa member Franchisors invited to Heritage Motor Centre to find out more about the bfa
| Non-BFA Franchisors invited to BFA event
June 1st, 2011 by Joel Caws in Franchise Industry News Hosted at the Heritage Motor Centre in Warwickshire, The British Franchise Association (bfa) is inviting non-members to attend an Open Day Luncheon. Thursday, 23rd June will be a fantastic opportunity to find out more about the bfa and all the benefits of becoming a member. Becoming a bfa member allows you to display the prestigious bfa members badge which gives confidence to potential franchisee prospects, as well as access to bfa approved franchise service providers, exclusive bfa members forums and more. The open day will run from 11am – 2pm and includes lunch. You will also have the opportunity to browse the Heritage Motor Centre’s impressive car collection at the end of the open day. If you are a franchisor who is a non-bfa member and wish to attend, please contact the bfa for an invitation at:- British Franchise Association, Centurion Court, 85f Milton Park, Abingdon, OX14 4RY
Email: mailroom@thebfa.org | 
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Cathryn Hayes
HSBC Head of Franchising
| Entries for the Franchisee of the Year Awards 2011
June 7th, 2011 by Cathryn Hayes in Franchise Industry News Entries for the British Franchise Association (bfa) HSBC Franchisee of the Year Awards 2011 are now being accepted, so why not nominate your most enterprising franchisees? The awards, supported by Express Newspapers, highlight the outstanding efforts and achievements of the franchisees in the UK who ‘set the standard’ for the industry. The awards, celebrating their 22nd year, offer franchisees the opportunity to showcase their inspirational stories of success. From turning pioneering business ideas into reality, developing new community initiatives, or achieving growth despite the challenges of a difficult economic climate, the Awards recognise the individuals who have demonstrated best practice in franchising. This year the awards will include a regional winner from each of five regions: London and the South East, the South West, the Midlands, the North and Scotland. Each regional winner will receive £500, courtesy of HSBC. Click here to read more... | | 
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Sheilah Mackie
Senior Solicitor
Blake Lapthorne
| Omissions from the Franchise Agreement
June 8th, 2011 by Sheilah Mackie in Franchise Legal You’ve decided which franchise opportunity suits you best, progressed successfully through the franchisor’s recruitment process and have now been handed a copy of the franchise agreement you need to sign in order to secure that opportunity. You’ve read through the agreement and identified which of the provisions raise questions but do you know which omissions should cause you concern? Here are some of the most common omissions that should be noted on your checklist of points to raise with the franchisor: - No details of registered trade marks for the brand. You need to be sure that the brand you’re buying into is protected, as your trade and goodwill rely on the identity being protected from competitors.
- No right to renew the agreement. You should be allowed to renew the agreement at least once. If not, consider if the initial fee is justified for potentially only a five year trading
Click here to read more... | 
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Carl Reader
Dennis & Turnbull Ltd
| Government plans for more effective flexible working
May 19th, 2011 by Carl Reader in Franchise Finance, Franchise Industry Views The Government has announced proposals intended to make flexible working that much more effective. This will have an impact on franchisors and franchisees alike where they employ staff for the running of their franchise businesses. Part of the plans include a significant overhaul of the rules governing shared parental leave. But the proposals also look to extend to right to ask for flexible working to all workers, provided they have been with an employer for a minimum of 26 weeks. Currently, the right is restricted to those employees with children aged 17 or under. The Government is to examine the advantages of publishing a statutory Code of Practice for... Click here to read more... |
Steve Roulstone
Director Castle Estates | Franchise Networking days producing rewards
June 2nd, 2011 by Steve Roulstone in Franchise Industry Views At Castle Estates we have regular Network Days where all of our Franchise offices get together and discuss our Industry at length. They give Franchisees the chance to discuss various issues with their compatriots, talking over problems that have occurred, sharing successful ventures and opportunities and trading methods and trends with each other. When we put these days together, we always try to have a central theme running through them, so that our offices can review what they have seen and review an area of trading all in one day. In the past these themes have been Web awareness, Property Insurance and associated products, Changes in legislation and Advertising. Making the most from contacts This was the theme from this week’s get together and the success of the day has prompted me to put ‘finger to typepad’ and comment in this way. Click here to read more... | 
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| Customer Conversion Reports for May are available online in your campaign manager. To view your report Login now. If you need assistance, or would like advice on how to improve your campaign please contact us at: info@selectyourfranchise.com | | | |
SYF News June 2011 - Franchise Newsletter
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