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Answer

While every franchise agreement is different it is safe to say that most franchise agreements follow a pattern and contain the following clauses:

  • Grant
  • Cooling off Period
  • Term
  • Territory
  • Commencement obligations
  • Approved Suppliers
  • Training
  • Fees
  • Business records
  • Reporting requirements
  • Marketing and advertising
  • Minimum performance criteria
  • Confidential Information
  • Manual
  • Intellectual property
  • Transfer
  • Renewal
  • Termination
  • Dispute Resolution
  • Non-competition

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