Definition:
A franchise agreement is a legal contract between a franchisor and a franchisee. It gives the franchisee the right to run a business using the franchisor’s brand, tools, and system. The agreement lists the rules, fees, and support the franchisee will receive.
Use It in a Sentence:
When you sign a franchise agreement with CoolVu, you get access to their training, marketing, and business system.
Why Is a Franchise Agreement Important?
A franchise agreement protects both the franchisor and the franchisee. It clearly explains what each side must do. This avoids confusion and helps build trust from the start.
Franchise agreements make success easier because the franchisee doesn’t have to start from scratch. Instead, they follow a proven system that already works.
CoolVu uses franchise agreements to guide new business owners and help them grow with confidence. The agreement includes rules, training details, and support info, so everything is clear from day one.
If you’re thinking of opening your own CoolVu window film business, this agreement gives you the structure and support you need to succeed.
Related Dictionary Terms:
- Marketing/Brand Fund Fee: Fee for franchise-wide marketing efforts.
- Transfer Fee: Fee to sell or transfer a franchise.
- Franchisee: Someone who buys the rights to run a business from a franchise brand.
- Franchisor: The company or person that owns the brand and grants franchise rights.
- Royalty Fee: A regular payment a franchisee makes to the franchisor, usually based on sales.
