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A franchise agreement is a legal agreement that is binding on the franchisor and the franchisee. The contract details the franchisor’s expectations from the franchisee, how the business must be operated, and so on. It is an agreement where the franchisor (business) consents to grant the enterprise name or company system to the franchisee.
(1) Business privilege.
(2) Utilisation of resources.
(3) Control of the brand.
(4) Reputation.
(1) An Outline of the relationship.
(2) Duration of the Agreement.
(3) Location and Territory
(4) Exclusive Territory
(5) Non-exclusive Territory
(6) Use of Intellectual Property
(7) Advertising
(8) Insurance
(9) Training
(1) What is Franchise Agreement?
(2) What are the benefits and responsibilities of franchise ownership?
(3) What type of opportunities can i explore?
