Tag Archives: franchise agreement

What Is franchising?

Posted on December 3, 2015 by mboxerman

Franchising is a method for expanding a business and distributing goods and services through a licensing relationship that allows a franchisee (the person or company granted a license) to operate a business under the franchisor’s (the person or company granting … Continue reading →

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Can I negotiate the franchise fee?

Posted on December 3, 2015 by mboxerman

While many aspects of the franchise agreement are completely negotiable, franchise fees often are not. Federal law requires that franchisors notify all prospective franchisees of any material change given to any prospective franchisee. So if the franchisor negotiates a new … Continue reading →

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What is a franchise agreement?

Posted on December 3, 2015 by mboxerman

A franchise agreement is a binding contract between franchisee and franchisor that reflects the mutual obligations each owes to the other. The franchise agreement governs the entirety of the relationship between the franchisee and franchisor and contains all of the … Continue reading →

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What is a Franchise Disclosure Document (“FDD”)?

Posted on December 3, 2015 by mboxerman

A Franchise Disclosure Document (FDD) is a complex legal document that the Federal Trade Commission (FTC) requires franchisors to provide to potential franchisees before entering a formal franchise agreement.  Franchise Disclosure Documents protect potential franchise buyers by providing them with comprehensive … Continue reading →

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