Franchise
Mark S. Elliott has spent 25 years working in various management roles within the tenanted and leased divisions of the UK's largest breweries and pub companies. His extensive knowledge and day-to-day involvement with pubs and publicans make him well qualified to know what is required to run a successful pub. He shares his knowledge and many 'insider tips' with you in this book. Mark is based in Cockermouth, Cumbria.
FRANCHISE
You may sometimes see pubs offered under a ‘franchise agreement’. In these circumstances, the pub is leased but with some special clauses included in the terms of the agreement. These may include an obligation to use a nominated accountant and stocktaker, and to share trading figures with the brewery or pub company. Additional training, information manuals and consultancy services may also be available to you.
Whether this type of arrangement is right for you will be influenced by your attitude towards disclosing your financial figures and having some additional obligations as part of the agreement. You may welcome the chance to work more closely with the brewery or pub company and take advantage of their expertise.
Other terms, such as repairs, assignment and tie can vary from agreement to agreement and need to be fully understood before you sign up.
