Franchise Glossary

Many new franchisees struggle with franchise agreement terms and often confuse the roles of franchise brokers and consultants, leading to misunderstandings about the franchise agreement terms: easily confused franchise broker vs franchise consultant. This guide will clarify their differences and explain how each can help you with franchise agreements. Key Takeaways Franchise brokers connect franchisors … Read more

Are you weighing the options between obtaining a license and starting a franchise? Directly speaking, “what is the difference between a license and a franchise?” A license allows you to use someone’s intellectual property, providing a degree of independence, while a franchise offers you an established business model and brand, with more defined operational guidelines … Read more

If you’re exploring franchising, grasping the nuances between a single unit and a multi unit franchise can be crucial. This article will focus on the differences between single unit and multi unit franchises within the context of business format franchises, which include licensing for the complete operating methods/system of doing business, in addition to the … Read more

Franchise agreements are complex legal documents that govern the relationship between a franchisor and a franchisee. Within these agreements, there are terms that often cause confusion and are easily misunderstood. Two such terms that are frequently mixed up are “infringement” and “breach.” In this article, we will delve into the basics of franchise agreements, explore … Read more

Discover the key franchise agreement clauses that often cause confusion, specifically focusing on dispute resolution.

Discover the intricacies of non-competition clauses in franchise agreements.

Discover the key clauses in a franchise agreement that are often misunderstood and confused, specifically focusing on indemnification.

When reviewing your franchise agreement, few clauses create more confusion than those governing transfer and sale rights—yet few are more critical to protecting your long-term investment. These provisions define how and when you can pass your franchised business to someone else, but they’re often misunderstood or treated as interchangeable when they’re actually quite distinct. Understanding … Read more

Discover the key differences between default and termination clauses in franchise agreements.

Learn about the franchise agreement clauses that are commonly misunderstood or confused, specifically focusing on system standards.