Update day: December 8 , 2023
Key terms in the Franchise agreement (Part 2)
Key terms in the Franchise agreement (Part 2)
Update day: December 8 , 2023Following the series of articles about the Franchise agreement, in this article, we will share the remaining key terms in the Franchise agreement that the parties should keep in mind. Accordingly, the terms of manual, business secret, franchise fees – method of payment, rights and obligations of the parties, report, unilateral termination of agreement, penalty, etc. need to be established in the franchise agreement.
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Contents:
- Term of franchise fees
- Term of the Franchisor’s Rights and obligations
- Term of the Franchisee’s Rights and obligations
