Guidelines for Utilizing Franchise Agreement Templates

• 1. Define Specific Terms Make sure all the particular terms and conditions of the franchise relationship are clearly specified to eliminate ambiguity. This includes franchise fees, royalties, and the duration of the agreement.
• 2. Specify Roles and Duties Clearly outline the exact responsibilities of both the franchisor and franchisee. This clarity helps in preventing conflicts and fostering a successful partnership.
• 3. Establish Conflict Resolution Procedures Include a clearly defined dispute resolution process within the agreement. This provides a structured approach for both parties to address misunderstandings or disagreements.