Franchise Agreement

The Franchise agreement is a legal binding agreement between the franchisor and the franchisee. It mainly describes the procedure/method/details about the franchisor expectations from the franchisee.

 

Basic contents of a Franchise Agreement – 

 

  • Location
  • Territory
  • Operations 
  • Time Period
  • Investment
  • Royalty Fees
  • Advertising
  • Renewals 
  • Exit plans