Before large corporations became leading brands in their industries, they utilized various business growth strategies. One primary strategy common among businesses is franchising. Franchising gives several advantages to the company, such as rapid growth in both revenue and target area. If you have any plan of utilizing this strategy, we have a list of franchise agreements that can aid you in the legal process and preparations.
9+ Coffee Franchise Agreement Templates – Google Docs, Word, Pages
1. Franchise Agreement Template
Coffee shops and cafes dot streets everywhere. These places are ideal meeting places for either business meetings or friendly get-togethers. It has no restrictions on its target market, making it an ideal business venture to invest in. If you want to expand your current cafe to increase exposure and revenue, you can use this standard template and customize the clauses according to your needs.
2. Master Franchise Agreement Template
Franchising an established business brand gives several benefits. For a first-time business owner, you will have fewer problems with gathering customers, and with establishing a solid target market. Additionally, you will receive constructive feedback from the main office regarding your performance.
3. Restaurant Franchise Agreement Template
The food industry, specifically quick-service restaurants, has the most number of franchisees in recent years. The statistics account for both local and global franchises. If you are interested in investing your life savings in a business, the food industry is a good place to start.
4. Sub Franchise Agreement Template
As a business owner, you want to live in a world where your brand becomes a household name. An effective way to do this is to let other business-minded people manage independent units of your business. It is best to have an agreement template ready, in case someone is interested. You can use this editable professionally-written Sub-franchise Agreement and discuss its contents with a potential partner.
5. Franchise Application Template
Franchising a business is not an easy process. The owner needs to make sure that the business will continue to thrive under new and different management. They need to check the qualifications of the franchisee through this application checklist. As a franchisee, this is your best chance to impress the owner and make them trust you.
6. Franchise Agreement Template
Contracts should not be taken lightly. Once signed, the contract is binding until the specified timeframe and set parameters. You need to make sure that both parties read and fully comprehend all the stipulations. Revisions are welcome to ensure equal opportunities and benefits for both sides.
7. International Franchise Agreement Template
Business franchising can lead to global expansion. However, there are a lot of risks and precautions in franchising in other countries which may have different business laws and regulations. Therefore, these situations require a special and tailor-fit contract that caters to various situations that may happen in a global partnership.
8. Franchise Agreement: An Analysis of the Contractual Elements of Franchising
Aside from fully understanding the nature and contents of the contract, one should also understand the nature of franchising. It is essential to be aware of the nature of the business of what you are getting into. This study takes a deeper look into the elements of this business growth strategy and its various implications.
9. Sample Franchise Agreement
If you are opening up to the idea of franchising your business, you can read this sample agreement from an established business. Having a ready-made contract template is not enough. You need to research more on what clauses to include because the existing content may not apply to your situation.
10. Franchise Agreement Drafting – IFA
International business relations may be tricky. When you have plans in franchising a global brand, you may want to research more on the background and nature of international franchise agreements. You can use this sample draft as a reference. Load up on knowledge before investing in a business venture.
5 Steps in Making a Coffee Franchise Agreement
Step 1: State the Grant
It is essential in a franchise agreement that the franchisor (owner) explicitly grants the franchisee the legal terms of the business. This includes the basic rights and limitations of the franchisee to the trademarks and operating systems of the franchisor. The time frame, from onset to termination of the franchise is also included in the grant. The renewal periods are also clearly indicated.
Step 2: Be Transparent With the Cost
The franchisee expects full disclosure when it comes to the costs and terms of payment – this is business, after all. Include all the required expenses and possible fees, such as cancellation dues. It is best to include a list of all the costs for the franchise in a tabular form. This format makes it more organized and easy to understand.
Step 3: Indicate Inclusions
Aside from disclosing all the cost deals, the list of all the inclusions should also be available. List all the products and services that you will provide as a franchisor, to help the franchisee.
Step 4: Highlight Benefits as A Partner
It is also important to still sell your business to the franchisee. Showcase the benefits and advantages of being a partner to your business. You may include a computation of their return of investment to inspire them to manage the business effectively on its onset.
Step 5: Discuss With the Franchisee.
It is ideal to have a sit-down discussion with the franchisee before signing the documents. Both parties should go through all the stated provisions and discuss the statements thoroughly. This process will ensure that both parties are on the same level of understanding.