What is a franchise agreement and why is it different from a business contract? Essentially a franchise agreement is the basis of the business relationship between the franchisee and franchisor. If you’re considering a franchise as a business opportunity, you’ll need to know how it differs from a standard business contract. 

Not sure what your obligations will be? Unsure what the franchisor will provide in exchange for a franchise fee? You can start your research here by listening to this podcast. And as always, we encourage you to seek legal advice when reviewing business documents.