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This is a master franchise agreement. The form grants franchise rights to a subfranchisor to operate restaurants and to procure, screen, qualify, train, and assist subfranchisees of the restaurant.
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What is master franchise agreement
A master franchise agreement is a legal contract between a franchisor and a master franchisee, granting the latter the rights to sub-franchise the franchisor's brand and business model in a specific territory.
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How to fill out the master franchise agreement template
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1.Step 1: Obtain the master franchise agreement template from your franchisor or download it from a credible source.
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2.Step 2: Open the document in pdfFiller to start editing.
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3.Step 3: Fill in the franchisor's name, business address, and contact details in the designated fields.
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4.Step 4: Enter the details of the master franchisee, including name, address, and legal structure.
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5.Step 5: Specify the territory for the master franchise rights, ensuring it aligns with your business strategy.
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6.Step 6: Review and input terms regarding royalties, fees, and other financial obligations.
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7.Step 7: Detail the rights and responsibilities of both parties, including training and support provisions.
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8.Step 8: Include clauses regarding dispute resolution, termination, and renewal of the agreement.
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9.Step 9: Double-check all entries for accuracy and completeness before finalizing.
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10.Step 10: Save the document and send it to the relevant parties for signatures.
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