Kindly help me by providing a sample of a Master Franchise Agreement and Franchisee Agreements/Faculty Agreements to start a new kids' educational program institute. This opportunity is to be offered as a franchise opportunity in all the cities in Tamil Nadu.
From India, Hyderabad
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1From India, Hyderabad
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Hello Experts/Professionals,
I'm going to start a new skill development program with my partner. Kindly help me by providing samples of a Master Franchisee Agreement, Franchisee Agreements, and Faculty Agreements to start a Kids educational program center for franchise opportunities in all cities in Tamil Nadu. We need these agreements.
From India, Hyderabad
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I'm going to start a new skill development program with my partner. Kindly help me by providing samples of a Master Franchisee Agreement, Franchisee Agreements, and Faculty Agreements to start a Kids educational program center for franchise opportunities in all cities in Tamil Nadu. We need these agreements.
From India, Hyderabad
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There are plenty of samples of franchise agreements to be found with a Google search.
However, this is a matter which you MUST seek legal advice on. Your legal representative should be able to provide the necessary agreement, or at least refer you to more competent authorities. Given the legal and personal ramifications of franchise agreements, and the regular disputes worldwide between franchisors and franchisees, you must get this right, and it must cover every aspect of YOUR particular business. Generic agreements will not work, and any agreement must be written cognizant of Indian law if it is to be enforceable.
Get this wrong and you could end up destroying your life. I have seen it happen so many times.
BUT, is all this putting the cart before the horse?
Have you thoroughly researched this business idea, done your SWOT analysis, and written a very comprehensive business plan detailing how this business will operate, finance, marketing, franchising - and indeed - IF THE IDEA WILL WORK?
As with most businesses, you will need to have a prototype business up and running before you think about franchising. You need to fine-tune the model, determine if it is scalable, write all the operational manuals, etc. You must also have at least one location operating successfully to use as a training site for your prospective franchisees.
I would highly recommend you go back to the drawing board and rethink all of this before going any further. It is a high-risk strategy. I wish you good luck and hope in years to come, I don't read of any misfortune in the Times of India regarding your prospective business.
From Australia, Melbourne
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However, this is a matter which you MUST seek legal advice on. Your legal representative should be able to provide the necessary agreement, or at least refer you to more competent authorities. Given the legal and personal ramifications of franchise agreements, and the regular disputes worldwide between franchisors and franchisees, you must get this right, and it must cover every aspect of YOUR particular business. Generic agreements will not work, and any agreement must be written cognizant of Indian law if it is to be enforceable.
Get this wrong and you could end up destroying your life. I have seen it happen so many times.
BUT, is all this putting the cart before the horse?
Have you thoroughly researched this business idea, done your SWOT analysis, and written a very comprehensive business plan detailing how this business will operate, finance, marketing, franchising - and indeed - IF THE IDEA WILL WORK?
As with most businesses, you will need to have a prototype business up and running before you think about franchising. You need to fine-tune the model, determine if it is scalable, write all the operational manuals, etc. You must also have at least one location operating successfully to use as a training site for your prospective franchisees.
I would highly recommend you go back to the drawing board and rethink all of this before going any further. It is a high-risk strategy. I wish you good luck and hope in years to come, I don't read of any misfortune in the Times of India regarding your prospective business.
From Australia, Melbourne
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