A contractual penalty may be payable even without proof of loss. Before buying a franchise in the Czech Republic, check what triggers penalties, whether they can overlap and whether you have a chance to remedy a breach.
Setting up a Czech limited liability company may not protect your personal assets. Before buying a franchise, check personal guarantees, joint liability and the conditions for release.
An established outlet is not necessarily a safe investment. Check how the transfer will work, whether the franchisor agrees and which liabilities could pass to you.
Who can change the rules during your franchise relationship? Check the scope of permitted changes, how you must be notified and whether you can reject new obligations.
The Czech Republic has no mandatory standard disclosure document for prospective franchisees. What documents should you request, and how should you handle incomplete answers?
The initial franchise fee may not cover everything you need to open. Find out how to break down the cost, negotiate payment terms and document what you receive.
A designated supplier can ensure quality, but may also increase costs. Check prices, minimum purchase requirements and procedures for supply disruptions.
The fee rate alone does not tell the whole story. Before buying a franchise, check how turnover is defined, any minimum payments, and the rules for fee changes and billing corrections.
An exclusive territory may not protect you from online sales or another branch of the same brand. Find out what to define and how to handle exceptions.
Check whether the franchisor is entitled to license the brand to you. Find out what to look for in the registers and who will bear the costs if those rights are lost.
Training and head office support should not be taken for granted. Learn how to check their scope, cost and contractual enforceability before buying a franchise in the Czech Republic.
Before buying a franchise, establish what will happen to stock, branding and outstanding obligations when you leave. It could save you an expensive surprise.
Projected profit does not necessarily mean you will recover your investment. Check where the figures come from, which costs are included and what assumptions underpin the financial model.
The right to use a brand does not guarantee the right to stay in your premises. Check the lease, any sublease and the owner’s consent before investing in alterations.
Check whether your outlet could survive financial trouble at head office. What to request before signing, and how to protect your licence, advance payments and essential operations.
Rent and loan repayments may fall due before your outlet earns any revenue. Before buying a franchise, clarify deadlines, responsibilities and who bears the cost of delays.
A standard contract is not necessarily non-negotiable. Find out how to scrutinise standard-form terms and what protection a franchisee may have as the weaker party under Czech law.
You may have obligations even before signing. Find out when you can end franchise negotiations in the Czech Republic and how to avoid disputes over wasted costs.
Check who has authority to bind the franchisor and your company. A practical guide to checking company registers, powers of attorney and signatures before incorporation in the Czech Republic.
Mandatory software can bring an entire outlet to a standstill. Before buying a franchise in the Czech Republic, check fallback procedures, system recovery and liability for outages.
An indication of support from a bank is not the same as an available loan. Find out how to align franchise finance with signing the agreement and meeting drawdown conditions.
A shared brand does not mean shared liability. Before buying a franchise in the Czech Republic, find out who handles customer complaints and who bears the costs.
The offer, agreement and schedules may contradict one another. Find out how to identify binding documents and preserve negotiated terms before buying a franchise.
Before signing an NDA, check whether you can share documents with your lawyer and bank. Review the scope of protection and your obligations once negotiations end.
A voucher sold by head office could leave your outlet bearing the cost. Before buying a franchise in the Czech Republic, check the rules on acceptance, reimbursement and complaints.
Court proceedings, arbitration or mediation? Before buying a franchise in the Czech Republic, check where you would enforce your rights and what it could cost.
A brand alone is not enough. Check that you will receive usable operating procedures, when head office will give you access and how the handover will be documented.
Equipment at your premises may not belong to you even after you have paid the upfront fee. Check ownership, handover, defect claims and servicing before signing.
A brand’s success elsewhere is not enough. Before buying a franchise, establish who will buy from you in your chosen location and whether the offering meets local needs.
The franchisor’s insurance may not protect your business. Find out what to check before buying a franchise and how to align your cover with the franchise agreement.
A successful outlet does not guarantee a new agreement. Find out how to negotiate renewal terms and deadlines before buying a franchise in the Czech Republic.
Head office approval is not enough to open your premises. Find out how to check authorisations, allocate responsibilities and address delays in your contract.
Quality control should not mean unpredictable debt. Find out what to negotiate on audits, remedying breaches and contractual penalties before buying a franchise in the Czech Republic.
Taking over an operating franchise in the Czech Republic? Check what you are actually buying, which liabilities transfer and whether you have the franchisor’s approval.
Mandatory purchases affect both stock levels and cash flow. Find out what to check with suppliers and in the contract before buying a franchise in the Czech Republic.
Before paying for a franchise in Czechia, check your contractual partner and its right to license the brand. Which registers should you search, and what documents should you request?
Training and head office support must be more than promises in a presentation. Find out how to check the support on offer before buying a franchise and make it part of your contract.
Before buying a franchise in the Czech Republic, check the termination, transfer and non-compete terms. Find out what to negotiate so that leaving does not jeopardise your next business venture.
Before paying for a franchise, scrutinise its financial model. Learn which supporting documents to request, which costs to include and what to record in the contract.
Your franchise agreement and lease must work together. Find out how to align their terms, costs, permissions and exit arrangements in the Czech market.