Three Critical Elements to Consider When Negotiating a Franchise Agreement
Operating a business as a franchisee can be beneficial for your financial growth. Unlike building a company from the ground up, you will be using the identity of an already established corporation. Therefore, when you begin your operations, you will already have customers who trust the brand. Also, you will have direct access to the franchiser's processes and proprietary knowledge. However, the exact benefits that you will gain by becoming a franchisee will depend of your agreement with the other party.