Your franchise disclosure document and franchise agreement are the indispensable "twin tablets" of franchising—essential legal documents that spell out the relationship between you and your franchisees. Our lawyer-edited, easy-to-use templates have made it simple and affordable for more than top franchise law firms across the US and Canada to create these important documents. Now you can leverage the tools used by "the big guys" yourself, no matter what kind of franchise you're launching.
What is the definition of a franchise? Contact Raymond McKenzie at or ray mckenzie-legal. The issue is an important one, since franchising is a regulated industry. It is regulated on a federal level by the Federal Trade Commission FTCand on a state level by some, but not all, state regulatory agencies.
Compliance with existing federal and state regulation makes the business of franchising more complicated, and therefore more expensive to be involved in.
All three of these conditions must be present in order for the business to be considered a franchise.
The FTC has issued several advisory opinions on this subject, which opinions can be found at http: Specifically on this issue, the FTC stated in that: For example, the Licensor will not approve sites, control hours of operation or production techniques, or dictate accounting practices.
We also note that reasonable covenants not to compete, which are common in franchise systems, are frequently used to protect proprietary information. It is irrelevant how the parties characterize one another, whether as a license, independent contractor, subcontractor, joint venture, or distributorship relationship.
Please also be advised that certain states define a franchise slightly differently than the FTC definition cited above. Therefore, when facing the question of whether your business meets the definition of a franchise, proceed with extreme caution, and consult a knowledgeable franchise attorney.
Need a Franchise Attorney?sample contract templates you can view, download and print for skybox2008.com are contracts and agreements for many home and business arrangements, including home maintenance services, modeling and photography contracts, rental contracts, event contacts and more. Sticking to the policies and procedures that make your business succeed is crucial for your franchising system success and for your franchisees too..
The most important thing that makes all the difference is an excellent operations skybox2008.com operations manual contains everything your franchisees need to know to successfully operate their new business.
Below, are some of the most commonly used business forms and contracts, organized by industry. You'll find contracts for sales, employment, leases, and other business contracts such as a franchise agreement or stock purchase agreement. Eligible government agencies can use our free one-on-one inquiry service.
With one call or click you can get a personalized answer from one of our trusted attorneys, policy consultants, or finance experts! thereof, or as a tax, corporation franchise tax, assessment, levy or. charge, or any part thereof, measured by or based, in whole or in part, upon the Leased Premises or on the rents derived therefrom and imposed upon.
SAMPLE COMMERCIAL LEASE AGREEMENT. FRANCHISE AGREEMENT Page 2 | initials NOW THEREFORE, for and in consideration of the mutual covenants herein set forth, and other good and.