We see so many franchisees of outlets like KFC, Mc Donalds etc. For the franchisee to start, the initial phase includes signing of a franchise agreement. It is an agreement that talks about the willingness of the franchisor to lend the brand name to one who is willing to open a franchisee. The agreement states the price that needs to be paid by the franchisee buyer, how the name of the brand should be used, the duration, and other policies stating the cancellation and eviction of the franchisee.
Benefits of Franchise Agreement
The agreement ensures that the quality standard is maintained by the franchisee.
The Franchisee works as per the clauses laid in the agreement
How we work?
Once you want a Franchise Agreement to be prepared, and request us for drafting it, we shall draft it in the next 3 to 4 business days. Our VcourTs representative will be in constant touch with you for any doubts and clarification.
We entertain iterations at the max two times.
Don’t waste time. VcourTs is the trusted name for all your legal needs.