What Negotiated Changes Should A Franchisee Make To A Franchise Agreement?
Well there are many and they vary depending on the franchise opportunity. However, no matter what franchise you buy, as a future franchisee, you must focus on franchise agreement modifications that will serve to limit your personal liability and ensure that your franchise rights (i.e. such as your territory) are properly protected in the franchise agreement. Negotiated changes should include and relate to the scope of your protected territory, sources of supply and pricing, liability in the event of termination, rights of first refusal for additional territories and many others. Learn more about the Steps to Buying a Franchise.
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