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Cover story: HITIO Gym signs its first UK franchise agreement The Norwegian chain, HITIO Gym, has signed its first UK franchise agreement as part of the company’s international expansion programme. The first outlet is scheduled to open in South London this summer by BGB Fitness, an investment group.
Dream Doors acquired by Neighborly
Neighborly, one of the world’s largest companies of home service brands has announced the acquisition of the UK franchise, Dream Doors.
Franchisee-led buyout at Cash Generator stores
The private investment company, Rcapital, has completed a franchisee-led buyout of Cash Generator, the buy and sell store.
Konzepts aims to help those living in rural communities
Sue Harbottle-Sear struck upon the idea of franchising her social media business, Konzepts, following the results of its Twitter poll, which highlighted the lack of local jobs in rural and farming communities.
The Northern Franchise Exhibition
The Northern Franchise Exhibition will be held at EventCity, Manchester on June 21 and 22. Visitors to the show can attend educational seminars and explore a range of BFA-accredited franchises.
Jon Smith Subs’ UK opening
Jon Smith Subs, the U.S. sandwich chain has landed in the UK after securing a six-figure finance facility from HSBC UK to open its first outlet in West London.
BFA/HSBC Franchise Awards finalists announced
The BFA has announced the finalists for the annual awards for both franchisors and franchisees. This year’s winners will be revealed at the BFA annual conference in Birmingham on 27th June.
Co-op launches franchise recruitment programme
The Co-op has unveiled a franchise recruitment programme to develop franchised stores, which will be the first time the 175-year-old supermarket has licenced its brand to independent retailers.
Similarities between franchisee and executive staff recruitment
Brian Duckett of The Franchising Centre, compares the similarities between franchisee and executive staff recruitment and finds that in both cases it can be a very time consuming process.
‘Non-reliance’ clauses must be reasonable
Gordon Drakes of Fieldfisher, discusses ‘non-reliance’ clauses in franchise agreements. Such clauses contain an acknowledgment by a franchisee that they agree not to rely on any statements or representations which are not expressly set out within the franchise agreement.
Australian report to send ‘shivers up’ UK franchisors
Mark Abell of Bird & Bird, discusses a 369-page report into the effectiveness of the Australian Franchising Code of Conduct. The report recommends changes to the code and increased investigatory and prosecutory powers for the Australian Competition and Consumer Commission.
Make sure performance targets are equitable
Nicola Broadhurst of Stevens & Bolton, talks about setting minimum performance targets that can monitor and motivate a network which should be balanced and realistic for its franchisees.
Read more franchise news stories on: Anytime Fitness, Baby Sensory, Beautiful Method, Driver Hire, Fantastic Services, Marla Custom Blinds, MF Pilates, Subway, TaxAssist, Turtle Tots and Wrapchic.