Advantages: franchise agreements are established for specific situations. Therefore, it is impossible to identify all issues to consider in each situation. But the “Checklist of basic terms of franchise agreements” can provide a complete list of terms that may be included in a contract. It also identifies many issues that those terms that must be addressed. If you are considering buying a franchise, use the checklist to help you understand the terms of a typical franchise agreement and to review the contract that the franchisor.
File Description: The file is a four-page document in rich text format (RTF) compatible with most programs for word processing used in the Windows environment.
Special features: among others:
* Detailed list of issues to consider regarding the cost of the franchise
* Detailed list of issues to consider regarding the location of the franchise
* Detailed list of issues to consider regarding the premises, equipment and supplies
* Detailed list of issues to consider regarding the operating practices of the franchise