Franchise agreement pdf indiaFranchise Agreement • July 17th, 2023
Contract Type FiledJuly 17th, 2023A Franchise Agreement, also sometimes called a Business Franchise Agreement, is a document between two main parties, the party that will be franchising out their already well-developed business model, called the franchisor, and the party that will be agreeing to certain terms and conditions in order to create their own franchised business based on that business model. In a franchise agreement, the franchisor lays out the expectations and requirements for a franchisee to run a business under their brand name. It can be any type of business and often, restaurants or small retail outlets are run as franchises. Within these agreements, the franchisor and the franchisee each outline their expectations for behaviour and agree to the bounds of the relationship between them.