The Franchise Agreement

The franchise agreement The franchise agreement is the written document that sets out the terms of the arrangement between the franchisee and franchisor. It covers in detail the rights and obligations of each party. It is important that the agreement is fair to both parties, ensuring that franchisees are properly supported, and that the franchisor […]

What is Franchising?

What is franchising? Of the many kinds of franchises, a venture usually will fall into one of the two general franchising arrangements: Business Franchise: in this arrangement, the franchisee buys the right to use the franchisor’s methods of marketing, operational systems, logos, trademarks, architectural styles, and other features. The franchisor will dictate many of the […]