Questions You Might Ask Us

We plan to take a great deal of time and effort in attracting the right caliber of franchisees to join Time For You (IBERIA). With that in mind, we have drawn up a list of questions that we feel all franchisees (and in particular, their professional advisors) will want answers to. We will ensure that the answers are covered in both the presentation to you and in the franchise legal agreement. Please feel free to ask any question of your own at any time this is not an exhaustive list.

• How long does the franchise license last?
• What if I want to cancel the franchise contract?
• What are the yearly costs?
• Will there be an extra cost to renew the franchise agreement?
• What will happen if I prove unsuitable?
• Does the franchise cover an exclusive area?
• Is the franchise fair to both parties?
• Can I sell my franchise business?
• Are there any royalties to pay?
• Are there any advertising costs?
• Is the training covered in the franchise?
• Are there training manuals? Can I see them?
• Will I need to study at home?
• Are there documented procedures?
• What do I need to spend over and above the cost of the franchise?
• Will you provide an earnings forecast to suit my individual circumstances?
• What help will you provide to start my business?
• How many people have you trained so far?
• What support can I expect from head office?
• Do I need to register for VAT?
• How do I trade my business? (Limited Company or Sole Trader)?
• How do our clients pay us?
• Can I have other business interests or paid employment?
• Can I work part time?
• Is your franchise based on the European Franchise Federation code of ethics? 

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