Legal and Contracts

The Franchise Disclosure Document, the franchise agreement, renewals, and exiting.

6 questions

Can a franchisor terminate my agreement?

Yes, but only under the conditions in your franchise agreement and, in provinces with franchise legislation, they must follow the rules of franchise legislation. Ontario, Alberta…

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Do I Need a Lawyer Before Signing a Franchise Agreement?

While you aren't required by law to have a lawyer review your franchise agreement, betheboss.ca strongly recommends working with a Franchise lawyer. Skipping this step is risky…

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Do I own my franchise business or just the right to operate it?

The answer is both! You are a business owner in the sense that you own the location, the equipment, inventory and the right to run the location, as well as handling the day-to-day…

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How long is a typical franchise agreement?

Franchise agreements may vary, but most of them follow a set of fairly standard terms. What are these terms and what happens if things change? Standard Franchise Terms in Canada…

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Renewing, Selling or Exiting your Franchise Agreement

Most franchisees prefer to sell or renew rather than simply walk away, since an operating location generally has value. Preparing for the End of Term Franchisor Notification …

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What is a Franchise Disclosure Document (FDD)?

A Franchise Disclosure Document is a legal document that franchisors provide to prospective franchisees to help them fully understand the business, costs, obligations, and risks…

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