McDonald’s came out as the world’s largest franchise network when the rankings were first released in the year 2000. Over 35,000 branches worldwide and a global sales of $89 billion later, it still holds the top spot despite the growing competition. While you may not be aiming for global franchise domination (yet), you still have to write an agreement before expanding your operations through franchising. You may also see agreement samples.
5 Steps to Make a Franchise Agreement
Step 1: Gather Key Business Information
Creating a franchise agreement requires a good understanding of what sets the business apart from the competition and what makes it successful enough to warrant franchising to other locations. What is your brand identity? How does your audience relate what you sell? Aside from brand symbols, trademarks, and logos, other information may be needed.
Step 2: Identify The Parties
Ideally, you’re writing this agreement with the intention of having several franchises in the future so you may want to leave a few areas for name, addresses, and contact information of the franchisee blank on the document’s original copy. You can label yourself as the “franchisor” and the other party as the “franchisee.”
Step 3: Write Your Introductory Paragraphs
Although this doesn’t apply to other business contracts, most will include “whereas” clauses defining the nature of the business, what the agreement entails and what both parties are bounded to. These clauses provide a chance for you to highlight your milestones or brag about your business since you will be explaining the value of your brand to your industry.
Step 4: Establish Licensing Rights
This section details the rights and applicable license you’re granting to the other party, as well as the limitations to the license. Discuss and list any rights that are reserved and state nonexclusivity of the license. The latter allows multiple licensing so that other people can open and “own” your business in designated locations.
Step 5: Set Rules for Trademarks
Your trademark is your intellectual property and is therefore protected by intellectual property rights. However, it’s still your responsibility to safeguard logos and trademarks by clearly specifying the ways to which it can be used and how their franchise should be recognized. You will need a statement that says the franchiser agrees to these terms.
11+ Franchise Agreement Templates
1. Restaurant Franchise Agreement Template
Setting the terms for someone else who wants to open a branch of your restaurant in their location can be a long process. Fortunately, you can make it quicker by using this restaurant franchise agreement template available to download in all versions of Google Docs, MS Word and Pages. The document can also be printed anywhere, anytime.
2. Restaurant Sub Franchise Agreement Template
3. Master Franchise Agreement Template
Efficiently screen franchise applications but don’t forget to write an agreement that sets all expectations clearly. Download this franchise agreement template to make sure that you have the same understanding of what the agreement entails. Hurry up and get this template now!
4. International Franchise Agreement
Have dreams of making your business a household name worldwide? Then you’ll need this international franchise agremeement sample that you can download in Pages, Google Docs and MS Word for interested businessmen who wants to share your dream and future success. Edit and print the file in its flexible formats!
5. Franchise Agreement Template
If an aspiring entrepeneur wants to franchise your business, it’s a good sign. You are in the right direction and if you want to welcome franchise offers, you have to establish terms and conditions for obvious reasons. With the help of this sample franchise agreement, you’ll have a good starting point.
6. Sub Franchise Agreement Template
Want to gain new clients and expand your business? If someone wants to franchise your company, take their offer but don’t do it without a legally-binding agreement. Make use of this franchise agreement template and edit oor print easily after downloading the file in either of MS Word or Pages.
7. International Franchise Agreement Template
Want to complete a document that spells out everything you need in a franchise agreement? Look no further because this international franchise agreement sample is the perfect tool in establishing your terms and conditions. Download the template now and feel free to customize the content according to your needs!
8. Franchise Agreement Template
Set the terms for an agreement to franchise your business and have successfully operating branches by downloading this sample franchise agreement. Modify the content as you see fit and get this template in your preferred format. Waste no more time and download this file now!
9. Franchise Agreement
Do you want to make sure that you have the right components included in your franchise agreement? You can take advantage of this franchise agreement sample which you can easily personalize and print in any mobile or computer device. Hurry up and get this template now!
10. Sample Franchise Agreeement
Always make it a point to have any agreement in writing. This should especially be followed in fanchise agreements since you’ll have licenses to worry about. The good thing is you can use professionally-written templates such as this sample franchise agreement. All you have to do is click on the download button.
11. Franchise Agreement Template
Need help drafting an agreement for fracnhise your business? Don’t worry. With this franchise agreement template, you’ll have a quality document to get you started or finalize your own draft. Just check the content and edit it according to what you and the other party’s needs.
12. Dealer Franchise Agreement
If you want to regulate your terms and conditions properly when you franchise your business, you can do that through writing a franchise agreement. Download this franchsie agreement sample which you can use as a guide instead of starting from scratch or customize it to meet your needs. Go ahead and download this template now!