Franchise Agreement

4.1

56 - Reviews

Franchise Agreement

153 People purchased

Franchise Agreement

4.4 (56 - Reviews)

153 People purchased

How It Works

Understand the service & proceed for booking
Provide basic details and proceed for payment
After payment completion, We will call you to discuss the requirement
Your service will be delivered within agreed turnaround time
Understand the service & proceed for booking
Provide basic details and proceed for payment
After payment completion, We will call you to discuss the requirement
Your service will be delivered within agreed turnaround time

Franchise Agreement

A franchise agreement is a legal arrangement that is binding on the franchisor and the franchisee. The contract details the franchisor’s expectations from the franchisee, how the business must be operated, and so on. The types of franchise agreement varies as per the nature of business. It is an agreement where the franchisor consents to grant the company’s name to the franchisee (individual or entity).

However, before understanding Franchise Agreement clauses in the franchise agreements, we shall understand the commercial angel behind how it can be beneficial.    

Franchise Agreement Essentials:

 

  • The execution of business relationship between the Franchisor and the Franchisee
  • Usage rights and limitations of the Franchisor’s brand name 
  • Jurisdiction of Franchisee
  • Royalty payment structure and the payment frequency
  • Mentions the fees to be paid to the Franchisor
  • Validity of the Agreement
  • Mentions the Training & Operation support to be provided by the Franchisor
  • Operation Process & Reporting format
  • Termination & Dispute resolution mechanism

Laws Governing The Agreement

 

  • The Indian Contract Act, 1872.
  • The Competition Act, 2002
  • Income Tax Act, 1961
  • Consumer Protection Act, 1986
  • Arbitration and Conciliation Act, 1996
  • The Foreign Exchange Management Act, 1999
  • The Trademarks Act, 1999
  • Patent Act, 1970
  • Design Act, 2000
  • Copyright Act of 1957

Why Lead India

Trustworthy & Confidential:

We assure you that all your personal details & documents will be kept private. We never share these details with anyone.

Expert Advice:

With the help of top-rated corporate lawyers and contract drafting lawyers you will find drafting of contracts convenient.

Zero Stress:

You do not have to worry about preparation of draft and other paperwork & documents. Our Associates will perform all these procedures smoothly.

Top Quality Lawyers:

Lead India will help you to choose among the best contract drafting lawyers for drafting your contracts. There are different associates who work with us, you can choose a lawyer depending upon their practice area, experience & user rating.

Track Your Case:

We provide you the opportunity to track your cases from the online dashboard. You can easily track your application or document status, payment status, etc.

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