Today is the day. The Franchise Act has been adopted by the Senate. As of 1 January 2021, the act enters into force. As to several drastic rules a transition period of 2 years will apply (non-competition clause, right of approval and place of business’ valuation), but waiting until 2023 is out of the question.
read moreAfter a long run-up, the Franchise Act is expected to become reality within soon. Franchisors are well advized to anticipate this upcoming law which will most likely have a very brief transitory period.
Content and Introduction of Act:
The Franchise Act has been adopted by the Dutch Parliament on 16th of June.
read moreSales Forecast is no Guarantee: once more the “legal error torpedo” of franchisees recently missed its target
Quite frequently franchise organizations hire an external market research firm to have them carry out a local market survey (VPO), when the opportunity of a new outlet location presents itself.
read more(I) Temporary Payment Suspension Act 2020
Summary:
with this Act a “COVID-19 Defense” is introduced for companies having liquidity issues as a result of the Corona measures taken by the government.