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The agreement allows for the franchise to be exclusive or non-exclusive, and allows the franchisor to specify the geographical area of the franchise. The area or territory of the franchise could be as small as part of a city, to as large as a continent. The scope depends upon the nature of the franchised product and service.
Obviously most franchisors wish to have as many franchises as possible in a given territory to ensure maximum coverage and revenue.
The benefit for those taking a franchise is an existing business model, support network and brand, all of which help the franchisee to make the most of the business opportunity.
This franchise template is essential for any Franchisor who wishes to setup a successful franchise network and needs to ensure that all franchisees follow the same rules and procedures.
Business Legal Documents - CompactLaw Business Pack contains this franchise agreement and more related business documents.
"Obtaining even the most basic legal information from a solicitor can be expensive. Next time, before you make that call, have a look at CompactLaw. It is quick to access and easy to navigate, and offers factsheets on legal processes, costs and issues."
"Obtaining even the most basic legal information from a solicitor can be expensive. Next time, before you make that call, have a look at CompactLaw.
It is quick to access and easy to navigate, and offers factsheets on legal processes, costs and issues."
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