Franchise Forms
Sign up franchisees and regional managers with these fully editable and downloadable franchise agreements and forms written by franchising specialists.
Q. What are the benefits of franchising?
A. If you've got a business model that is successful, franchising is a fast way to grow the business. Through your franchisee locations, you will be able to gain access to broader territories and a much larger customer base. Since your franchisees are paying to buy the franchise location, your business can expand at a much lower cost and risk to you, and through the growth of your network you can take advantage of increased buying power for goods, suppliers and advertising. In addition, franchisees are directly responsible for operating and managing the location, taking that off your shoulders and allowing you time for innovation, marketing and network development.
Q. Are there disadvantages to franchising?
A. As with all business ventures, franchising has its pitfalls as well. For one thing, you lose a measure of control over how stores are managed. Your franchisees are not your employees. They are independent business owners whose main goal is to make their business profitable. Since they have to pay you a percentage of each sale under the terms of the franchise agreement, that may eat into profits and can cause conflict between you and your franchisees. And the initial costs to franchise the business may be higher than you expected.
Q. How do I know if franchising will work for my business?
A. You really need to understand the reasons why your business has succeeded. Write everything down and then review your notes with a franchise consultant to determine whether or not franchising will work for your business model. It's important to determine the costs of franchising the system and to put together a viable growth plan, and a franchise consultant can help you do that.
Vendor Agreement for Franchisee Direct Purchasing Program | Canada
Set up a direct purchasing program to purchase services and products for Canadian franchisees with this Vendor Agreement template.
What is a direct purchasing program?
A direct purchasing program is a program set up by a franchisor requiring franchisees to buy products directly from the franchisor or designated vendors. This ensures product consistency, quality control, and compliance with the franchisor’s brand standards.
Purpose of the Agreement Template
The agreement is between the company designated by the franchisor to administer the program (service provider) and each vendor or supplier that wants to take part in the program.
Key Provisions of the Agreement
- The program will be available to a group of franchise affiliates and related non-affiliates.
- Goods and services will be ordered and sold directly between the program participants and the vendors.
- The service provider will be paid a commission on each sale.
Format and Legal Jurisdiction
This contract template is provided in MS Word format and is fully editable to fit your specific circumstances. It is written to comply with Canadian laws and is intended to be used only by franchisees located in Canada.
