A franchise agreement is a legal contract that outlines the rights and obligations of you and your franchisee, and your relationship with them.
Having your franchise agreement reviewed by a solicitor experienced in franchise issues is often an important first step. Allowing for a review can ensure that you’re complying with the Franchising Code of Conduct.
You should also create a franchise operating manual detailing how the franchise is to be run. Getting your agreement and operating manual right can help ensure a successful franchise.
Protecting your Intellectual Property (IP)…