British Franchise Association.(bfa news)

The British Franchise Association (BFA) evolved from the franchise industry itself in 1977, as the only voluntary accreditation body for franchising in the UK.

The BFA accredits franchise companies for membership on the basis of a strict standards structure. These standards comprise the company's financial position, its day-to-day business activity, the disclosures made to prospective franchisees and the terms of the franchise agreement. These standards are based on the European Code of Ethics for franchising--agreed by the member associations of the European Franchise Federation in 1990 and recognised by the European Commission. Companies are re-accredited for BFA …