Respuesta :
The franchise arrangement offers the entrepreneur the attraction of a well known brand. In a franchise agreement, the franchisor offers the franchisee the right to run a business and to market, sell, or distribute goods and services that use the franchisor's trademark. An official contract that binds both the franchisor and the franchisee is known as a franchise agreement.
The contract includes the franchisor's expectations of the franchisee, including the entrepreneur's decision on how the business should be run. The three types of franchise agreements are as follows: Franchise Master Agreement. The relationship between a franchisor and a franchisee is formally established through this document.
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