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What is the best steps for setting up franchise agreements?
Answers (1)
Meb Vadiya, Veritas Solicitors LLP | More Answers From Meb Vadiya
You need to consider the following:
-Fees (initial and on-going)
-Advertising (charges and rules)
-Duration
-Termination
-Franchisor/franchisee obligations.
-Financial reporting
-Territory
-Exclusivity
-Intellectual property - licensing of trade marks, and so on.
-Restrictions on competition
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