2.2 DELIVERABLES
Objectives 1: Franchise Term and Condition
Agreements.
Project Deliverables
Location/Territory
Operations
Training and Ongoing
Support
Work Products/ Description
franchise agreement
The will
designate the territory in which you
will operate and outline any
exclusivity rights you may have.
This section details how
franchisees are expected to run
‘their units.
Franchisors offer training and
training programs for franchisees
and their staff. Training may take
place at corporate offices or out in
the field. All ongoing administrative
and technical support will also be
outlined in the agreement.
Restaurant Manat
jent System — Vendor Management SystemThe document will detail the length
of the duration of the franchise
Duration
agreement.
There will generally be an upfront
initial franchise fee that grants the
franchisee the right to use the
Franchise fee/investment
franchisors trademark and
operating system. Those costs will
be clearly outlined.
In this section the franchisee will
find the details of the franchisor's
royalty structure. Most franchisors
Royalties/ongoing fees
require franchisees to pay An
ongoing royalty, usually a
percentage of total sales, which is
often paid on a monthly basis.