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Agreement to Sell Business by Sole Proprietorship Including Right to Tradename and Business Franchise with Assignment of Franchise Subject to Franchisor Approval

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Multi-State
Control #:
US-00712BG
Format:
Word; 
Rich Text
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Agreement to Sell Business by Sole Proprietorship Including Right to Tradename and Business Franchise with Assignment of Franchise Subject to Franchisor Approval
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Introduction. Agreement Parties. Franchise Fees. Franchise Agreement Terms. Franchisors Responsibilities. Franchisee Responsibilities. Advertising. Rights. Selling/Transfer of Franchise. Confidentiality. Renewal and Termination. Severability. Jurisdiction.

Single Unit Franchise. Single Unit Franchise (or Direct Unit Franchise) is the most traditional and historically the most common form of franchising. Multi Unit Franchise. Area Development Franchise. Master Franchise.

There are three primary ways to get out of a franchise agreement. The most common way to get out of a franchise agreement is to transfer or sell the business. In certain cases, a unilateral or mutual termination may be possible.

Agreement, Territory Area, Area Licensee, Authorized deductions, Gross Receipts, License Network, The System Manual, Trademarks, Start Date, Trade name, Termination, Transfer of license.

This document spells out the expectations, obligations, permissions and restrictions for operating the franchise. A franchise agreement also outlines a fee schedule that the franchisee pays to the franchisor, including amounts or percentages and the frequency of payments.

Master Franchise Agreement. Area Representative. Area Development Agreement.

Learn the 4 main types of franchise arrangements: single unit, multi unit, area developer and master franchise. The franchising industry is very versatile, with multiple franchises, industry options and investment ranges.

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Agreement to Sell Business by Sole Proprietorship Including Right to Tradename and Business Franchise with Assignment of Franchise Subject to Franchisor Approval