A franchise is a business that distributes goods or services in connection with a network of independent businesses which are all linked to a single owner (the franchisor). The franchisor has a right to grant licenses that permit others (franchisees) the right to sell a product or service under the franchisor’s trade name or commercial symbol. Franchise agreements are the key documents that govern the relationship between a franchisor and a franchisee.
Franchise Agreements
Franchisors
Franchisees
Franchisors and franchisees must also consider the best business entity (corporation, limited liability company (LLC), partnership or sole proprietorship) for their business as well as maintenance, contracts, commercial leases, employment law, and exit strategies.
