If you're about to
embark on the exciting journey of buying a franchise, or you own the rights to
an enterprise, you can use a Franchise Agreement to define your new business
relationship. An entrepreneur looking for new opportunities can limit the risk
associated with starting a new business by buying a franchise. A Franchise
Agreement can be used to establish the relationship between the owner of the
business model being franchised and the person or business seeking to use that
model.
Use the Franchise
Agreement document if:
You own the rights to a business and are approving a
new franchise.
You're about to begin
operating a new franchise.
A Franchise Agreement
allows both parties to agree to the terms regarding the brand, system, and
expertise to be franchised. This Franchise Agreement sets the conditions of the
use of the franchise system, including the term length, franchise fee and royalties,
as well as a number of other aspects, like developmental assistance, training,
and marketing.
Other names for this document: Franchise Contract, Franchise Agreement Form,
Franchising Agreement
No comments:
Post a Comment