What Exactly Are Franchise Agreements?
Legal arrangements, such as franchise agreements, bind both franchisors and franchisees. Ideally, they should explicitly define the circumstances and terms regulating the franchise arrangement. These agreements explain the rights, responsibilities, and obligations outlined in the franchising code of conduct.
These comprehensive agreements include and address topics like intellectual property usage, operational rules, assistance and training, payment structure, marketing requirements, and franchise dispute resolution.
These comprehensive agreements include and address topics like intellectual property usage, operational rules, assistance and training, payment structure, marketing requirements, and franchise dispute resolution.