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A Franchise Agreement with Principal-Franchisor is a legal contract that outlines the terms and conditions for a franchisee to operate a business under the franchisor’s brand. Key features include the rights and obligations of both parties, the duration of the agreement, and the fees involved. The benefits of this agreement include access to an established brand, training and support from the franchisor, and the potential for business growth. Unique selling points may include a proven business model, a recognized brand name, and the opportunity to tap into an existing customer base.
This document can be used as a template for the Master Franchise Agreement for operation within a certain territory where it is also binding on the Principal of the franchises as an individual. This document is drafted in favour of the Franchisor.
This agreement has 69 pages
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