25/05/2021 Other Services
Legal & Essential Documents Writing for Franchise Business.
Globalization has opened a new era of entrepreneurship, an era of franchise ownership. Indian market is loaded with foreign and Indian brands such as McDonalds, KFC, Nike, Reebok, Big Bazaar (Future group) and many such brands. (BBGV2552021)
What are the Documents Required?
1. Franchise Agreement
The franchise agreement is the binding contract between you and your franchisee. It explains all rights and obligations for both parties and protects the integrity of your franchise system and your trademarks. This is one of the first documents you will send to a prospective franchisee.
2. Franchise Disclosure Document
Franchisors often have a bank of information relating to their business and the franchise offering. It is likely this information will only be provided after a prospective franchisee has signed the confidentiality or intent to proceed agreement. It’s also likely this information will contain details of financial performance or projections. Prospective franchisees are advised to discuss any such projections with the franchisor in order to gain a clear understanding of where the figures originated.
Contact Us :
Address: Unit No. 450, Mastermind-1 Premises, Royal Palms, Goregaon (E.), Mumbai – 400065
Mobile No: +91 9137256150
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