Business franchising agreements are commonplace, and tens of thousands of these contracts are signed every single day around the world. More often that not, the agreements underpinning business franchising arrangements are written by qualified and skilled commercial lawyers experienced in this kind of arrangement. However, that’s not always the case, and many business owners choosing the franchising route consider a DIY approach to contract formation, which carries with it it’s own risks and pitfalls. Whichever route you choose, there are a number of key contract terms you should look out for in
franchising agreements that are of importance to both the franchisee and franchisor. -
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