Franchise Agreements – Are They Negotiable?

FRANCHISE AGREEMENTS: ARE THEY NEGOTIABLE? Typically Franchise Agreements are drafted heavily in favor of franchisors. This enables a franchisor to ensure that its franchisees operate in a consistent manner based on a set of system standards. It is for this same reason that many franchisors are unwilling to make significant changes to their franchise agreements. […]

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BUYING OR SELLING A BUSINESS:

Letters of Intent So you have worked out a tentative deal to sell or purchase a business. Now what? Although it isn’t an absolute must, a Letter of Intent may be the best next step. A Letter of Intent is essentially a written document that sets out the basic terms of the deal including the […]

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