A franchise agreement is a professional document, comprised of terms that have been agreed upon by all parties involved. It contains varying details, such as franchise fees, term length, tax identification number, trademark and trade name. It is in your best interest to use this document, because it can protect you and the other parties from fraud. Of course, you can always hire a tax attorney to complete the document for you, but professional fees are quite expensive and clients are often charged by the hour. As a new franchisee, you will want to eliminate these costs, if at all possible.
Terms Of The Agreement
Devising this document will never be easier than when using the franchise agreement template. The template is designed in a professional and detailed outline, so both parties can understand its purpose and sign without delay. Before signing the agreement, be sure to read over the details. Once you are satisfied with the document, you can download it in Microsoft Word or Excel and print off as many copies as you need.
Since, the document is saved in Word, if both parties agree, alterations can be made in the future. The template is a very cost-effective and easy to use solution for any new franchisees.
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