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clauses Tagged Articles
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Is it legal?
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| When we think about contracts, the tendency is to think of a multipage document with clauses, headings, and two signatures at the end. However, a contract doesn’t necessarily have to take that format and in our digital age it is becoming increasingly more common for contracts to be formed in a variety of ways – all of which are “legal”. |
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Getting the Best Out of Your Franchise Agreement
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| You’re at that crucial point which will start your franchising career, that moment when you put your signature down on the dotted line of the franchise agreement. Signing isn’t as easy at it sounds, though. Reading the terms and clauses in the agreement may send you into a whirlwind of second thoughts. By the time you actually get to the dotted line at the bottom of the contract, you’ll be wondering what you’re getting yourself into. |
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Reasons to Start Your Own Business Instead of Buying a Franchise
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| For people who have decided to start their own businesses, there’s always the crucial decision of which to choose ; having your own private business or buying into a franchise. |
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Things to Watch Out for When Buying a Franchise
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| When thinking of buying a franchise, there are many aspects you have to think over carefully. This is not a simple business investment and can greatly affect your career. In the current business environment, you’ll be leasing a franchise business rather than actually buying one in the traditional sense. |
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Non-Disclosure and Confidentiality
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| Suppose you are just getting to bed. All the day’s activities and tomorrow’s plans have finally managed to settle down to the point where you are almost able to fall asleep. Then it suddenly hits you: The single greatest idea since the invention of ideas! You get that flash of inspiration you know will turn your life on its ear and revolutionise the world. Congratulations! But now what? If your idea is half as great as you believe it is, how can you talk about it to someone and be sure they are not going to steal it for themselves? The answer is simple: you need a Confidentiality Agreement. |
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Franchise Agreements The Basics
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| What you need to look for when you want to start a franchise and are ready to sign the franchise agreement.
So you’ve taken all the appropriate steps; you’ve researched, asked questions, found out about the competition, scouted locations and lined everything up. Now it’s time to sit down and sign the franchise agreement. But before you do, there are several things you need to know. The franchise agreement will be the bedrock of your business, and success (or failure) may lie somewhere inside all those conditions and terms. A smart franchisee will read the franchise agreement very carefully, making sure they understand everything within it. Here are some of the most commonly misunderstood or potential problematic areas you need to be aware of: |
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Franchise Agreement Key Provisions
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| When it comes to the Franchise Agreement – the legal document that technically governs franchisor/franchisee relations – there is no standard format. Terms and conditions of operations vary from franchise to franchise and from industry to industry. |
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Selling Your Franchise: What Are Your Rights?
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| Would you like to sell your franchise? Easy enough in theory, but not necessarily so easy in practice – the terms and conditions for selling your franchise are outlined in the Franchise Agreement, and Franchise Agreements are as a rule drafted with the interests of the franchisor in mind. |
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Are You Franchise Material?
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| To become a franchisee, you need to be a leader with good communication skills. Moreover, you should be a hard-working individual who is open to learning new ideas. Besides, you will also need the required money to become a franchisee.
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Best Web Hosting Services
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| Most people think that registering their domain name will be one of their more difficult decisions. After all, you need a URL that is both catchy, easy to remember and spell, and that fits to your company. But once you’ve registered your URL. You’re not done yet. You still need to get your page set up. You need to find somewhere to build and store your websites, host your email accounts and so much more. So, how exactly to you find the best web hosting services for you and your business? |
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Other clauses Related Articles
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How to stop your business partner ripping you off
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| Laura thought she had all the bases covered by having a comprehensive suite of Intellectual Property and Restraint clauses in her employment agreements. What she didn’t expect was that her own business partner would leave the business and set up in direct competition to her utilising the company’s IP. |
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How Can You Get Out of a Franchise?
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| The law tends to favor the franchisor over the franchisee when it comes to breaking a franchise contract, primarily because franchisors are able to limit their liability via UFOCs and franchise agreements with built-in clauses and disclosures. |
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Getting the Best Out of Your Franchise Agreement
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| You’re at that crucial point which will start your franchising career, that moment when you put your signature down on the dotted line of the franchise agreement. Signing isn’t as easy at it sounds, though. Reading the terms and clauses in the agreement may send you into a whirlwind of second thoughts. By the time you actually get to the dotted line at the bottom of the contract, you’ll be wondering what you’re getting yourself into. |
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Are You Ready for Data Security Compliance Language?
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| While spending much of the summer reviewing and renewing contracts for my clients, I started to see contract clauses being regularly inserted to protect the other party from exposure to violations of data security and privacy laws and regulations. Given the stiff enforcement penalties and, even worse, the bad publicity which can result when a company has a data security breach, it's no surprise that many businesses are beginning to update their contracts to comply with these new state and federal rules. |
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Is it legal?
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| When we think about contracts, the tendency is to think of a multipage document with clauses, headings, and two signatures at the end. However, a contract doesn’t necessarily have to take that format and in our digital age it is becoming increasingly more common for contracts to be formed in a variety of ways – all of which are “legal”. |
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HACCP - A State of the Art Approach to Food Safety
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| A number of U.S. food companies already use the system in their manufacturing processes, and it is in use in other countries, including Canada. The ISO body has published the new system as Food safety management system as ISO 22000: 2005 as Food safety management system - requirements, which cover all FDA requirements through various clauses of ISO 22000. New challenges to the U.S. food supply have prompted FDA to consider adopting a HACCP-based food safety system on a wider basis. One of the most important challenges is the increasing number of new food pathogens. HACCP focuses on identifying and preventing hazards from contaminating food. |
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What You Ought to Know Before Signing A Franchise Agreement
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| You have done your research and have chosen a franchise business opportunity. You like the business and want to go ahead...but there is a hurdle in between. The company has given you its franchise agreement template and wants you to sign the same and then get started with the business. You have a lengthy document with several clauses/sub clauses and are not sure of what to do. I have tried to make this simple for you and have given you certain standard guidelines of what to do and how companies look at this document and expect the prospective franchisees to respond. At the end of the document, you will also see what characteristically a good franchise agreement contract sample must have. Beyond that, you will understand the importance of the franchise agreement and how it protects you as much as it safe guards the franchisors interests. |
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