East Brands’ Post

Name: East Brands on LinkedIn: #franchisebusinessowners #smallbusinesstips #smallbusinessadvice…
Uploaded: 2024-02-14T16:00:06.180Z
Channel: East Brands

East Brands

1,575 followers

8mo

🚀💼 Steve breaks down the importance of clear communication and proper documentation in area development agreements. At East Brands, we ensure every detail is covered to protect both franchisees and franchisors. #franchisebusinessowners #smallbusinesstips #smallbusinessadvice #smallbusinesscanada #canadianbusiness #canadianbusinessowner #canadianbusinesses #franchisestrong #franchiseopportunity

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We have an area development agreement. Then you have a franchise, It's two different. Great. Usually each franchise agreement should be standing on its own. I'm going to develop three of these over five years. Going from number one to two always takes the longest. But then there's things that can get in the way of what if there's no realist. So development schedules, anything can always be amended. Usually what happens is you're going to want to see the capital requirement down whenever you pay for those and have a development schedule. It also protects the franchisee because the franchise or cannot go out and develop that area. But it's clear, concise, communication and proper. Documentation. You wanna have a franchise lawyer? Not a real estate lawyer. Not a divorce lawyer of franchise lawyer. And there's some great ones in Canada. If you are a franchise system and you'd like to learn about our services and how we work with our partnerships with E brands, please visit us at ebrands.ca.

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