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Log In / Register | Jun 21, 2018

How much have you lost?

You need to do an impact study. How much do you estimate you have lost in sales? Can you get the franchisor to conduct the impact study and determine an equitable recompense? You may have better luck asking for unique items as compensation e.g., additional development rights, territory, time, used equipment or special services instead of direct payment.

This is one of those times you ask the franchisor what they think would be fair and work from that basis. You should tell them that if all the parties come to an acceptable agreement then of course you would sign a mutual release.

Finally, the jihadist on this forum will likely suggest you take a more militant approach and if it is what you want to do be my guest. However I would advise against it, and I make these types of decisions all the time as a franchisor.

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