Franchise outsourcing is a huge business and comes with its set of obligations. It is not a product that you buy for one time and the transition is complete, but a continuous process that involves the brand image and promotions of the franchised brand.
The agreement involves the franchisor and the franchisee. Both the parties included going through detailed documentation of the terms & conditions, brand obligations, and rights of the franchisor and the franchisee. The franchise models usually work for multiple years, even if the owners change, the output is standard.
The franchise is an intellectual property and therefore should be rightly protected under ANA agreement. The franchise agreement sample on default would demand consistency in the process, operations and output.
1. Franchise Terms
2. Maintaining and promoting Brand Value
3. Tenure of the Franchise
4. Franchise Business model
5. Franchise Requirements
6. Promotions and campaigns
7. State owned laws
8. Site selection
8. Agreed Franchise percentage share
9. Training and Setup
Agreement serves as a blueprint for shaping the business and promoting it to the next level. In doing so, all the documents and finer terms of the agreement should be clearly studied and negotiated by either party.