New franchisees offered Franchise agreement review from Lloyds TSB

Lloyds TSB has teamed up with experienced affiliate lawyer of the bfa Nina Moran-Watson to offer a Franchise Agreement Review Service to prospective franchisees. The service includes a detailed report outlining the terms of the agreement to the client to ensure they are making an informed decision. All Lloyds TSB commercial customers can use this service for a reduced rate of £370 plus VAT.

Head of Franchising at Lloyds TSB Richard Holden (pictured left) says: 'Lloyds decided to launch this new service in order to ensure all of its customers have access to the expert legal advice they need, at the best possible price, before they make a commitment to invest in a franchise. It's essential that anyone looking to take on a franchise has the contract independently checked and explained to them before they sign on the dotted line. Lloyds TSB is delighted to be working with such a well respected and experienced lawyer as Nina and I know that the customers will be quick to see the benefits of the service she is providing.'

Nina has helped hundreds of fledgling franchisees past the potential legal contract pitfalls and says: 'All too often, franchisees are put off by the costs and time involved in seeking legal advice, but contract reviews are vital for anyone setting up for the first time. By offering this service for a reduced fee, I hope to encourage more prospective franchisees to get the advice they need before they take the plunge.'