Franchise Assignment Agreement | USA

Franchisors, use this 4-page Franchisee Profile Questionnaire to gather information from applicants to help you recruit suitable franchisees for your system.

• Applicants must provide information and answer questions to help the franchisor get an understanding of the applicant's:
  • previous business experience,
  • business acumen,
  • management potential,
  • creativity,
  • decision-making abilities.
• The form is available in MS Word format and is easy to customize to fit your circumstances.
• This is a generic document template which can be used anywhere.

Potential franchisees have questions about franchising. Give them a copy of these Frequently Asked Questions along with their franchisee application package.

• The FAQ topics include:
  • what type of experience and qualifications you need in order to be accepted as a franchisee;
  • management of the franchise;
  • the level of training and assistance provided by the franchisor;
  • marketing and advertising requirements;
  • costs, franchise fees and ongoing royalties;
  • standard terms of franchise agreements;
  • transfer or sale of a franchise;
  • operating procedures and standards;
  • inspections and on-site audits by the franchisor;
  • site selection and construction of the premises;
  • purchasing of products and supplies;
  • sales quota requirements.
• Avaialble as a downloadable MS Word file, which can be easily customized for your franchise business.

Make sure your franchisees meet their obligations to you by obtaining a Guaranty of Franchise Obligations from the franchisee, with this template form for USA based franchises.

• The guarantor unconditionally guarantees the complete performance of the franchisee under the terms of the Franchise Agreement.
• The obligations of the guarantor are independent of the obligations of the franchisee.
• The Guaranty is enforceable against the guarantor and his/her personal representatives, successors and assigns, and the death of the guarantor will not terminate the liability of the guarantor.
• If the spouse of a franchisee signs as a guarantor, and the franchisee subsequently remarries, the new spouse must also sign.
• This legal template is available as a downloadable and fully editable MS Word document.
• Intended to be used only by franchises based in the United States.

USA franchisors, prepare a Confidential Evaluation and Application form for new franchisees with this easy-to-use template.

• evaluating the skills and expertise of the applicant franchisee, based on employment background and management history;
• verifying the potential franchisee's financial resources by performing credit checks and other searches, based on financial information provided;
• assessing the overall business capabilities of the potential franchisee.

Prepare an Indemnity Agreement for a Franchise Sublease with this template form for USA franchises.

• The Agreement is between the franchisor and a principal of the franchisee, as indemnifying party.
• The indemnifying party is providing the indemnity as an inducement to get the franchisor to enter into a sublease with the franchisee.
• The indemnifying party will make any payments, perform any obligations, and indemnify the franchisor against loss or damages arising out of the franchisee's failure to pay or perform its obligations under the sublease.
• The indemnity is absolute and unconditional and unaffected by any extension of time, waiver, consent, assignment or amendment of the sublease.
• In the event of any default, the indemnifying party waives any right to require the franchisor to proceed against the franchisee or to pursue any other remedy it has.

You don't want to incur any liability for your franchisee's sublease. Buy and download the Indemnity Agreement and get it signed right away.