Franchising code of Franchise Pool International

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It is the franchising code of ethics that binds together all members of Franchise Pool International . Therefore, this code acts as the basis of all works undertaken by the franchising service provider. This code provides a uniform system of quality franchising to the business services provider.

Franchise Pool International makes use of the code of ethics framed by Deutsche Franchise-Verband in order to be followed by all its members. This code ensures fair business deals between franchisors and their franchisees. The code of ethics helps the franchising service provider to keep away from all dishonest systems. It is only after strict cross checking of details that new members are made part of the business services provider.

This franchising code of ethics also serves as a binding document for those franchisors, which who are part of any of the European franchise associations. According to the code, franchisors need to provide a comprehensive initial training to all franchisees in order to enable them make a successful business entry.

Franchisees should be informed about various rules regarding fair franchising business by the franchisor at the time of signing contract itself. The code of ethics of the Franchise Pool International wants franchisors to provide a written account of all the franchising related documents in order to ensure a smooth relationship between both the parties.

26/06/2007

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