Why You Need a Franchise Agreement Checklist

 

Why do you need a franchise agreement checklist? Well, for starters, this is a very important document. This document shows your mission statement, your policies of quality and diligence as well as your understanding of your parent company’s mission.

You probably only have one shot at this document, in all honesty. Remember that old adage that first impressions last a lifetime. This could not be further from the truth in the case of a franchise agreement document.

This document will show a lot about you. It will show your attention to detail, your ability to think and express yourself in an organized manner fail to mention your ability to put effort into all tasks large and small.

TO be sure you didn’t miss a single attribute you definitely need to establish a franchise agreement checklist. An ounce of prevention goes a long way.

Points for Your Franchise Agreement Checklist

While some points of a franchise agreement checklist can vary depending on the field of industry and the companies in question, there are a basic set of points to consider.

Point number one is to be sure you understand the company with which you wish to sign without any question. Make sure you have read up on their mission statements, their codes of conduct and their items of service quality. You will be representing this company, so expressing this knowledge in your agreement is absolutely crucial.

Point number two is to be sure that your writing leaves no room for misunderstanding or interpretation of any sort. Making the contract “tight” is important, for your sake and for the company’s. Make sure that your writing is professional and devoid of opinions even if such opinions flatter the company. Flattery will truly get you nowhere.

Point number three is where appearance begins to come into question. This starts with making sure you have picked an attractive font and letterhead for your document. A font that is too ornate or stylized is not preferred, but neither is something too pixelated or dated. Arial or Calibri are commonly used and work well.

Continuing with point threemake sure that you’ve spaced the text out nicely. Don’t be afraid of a longer page count to the document if it prevents too much text filling each page. Nobody likes fine print!

Point four is choosing a printing stock and color scheme that looks professional. Nice neutral tones and proper contrast matter. This point is significant if the contract is not being faxed or emailed. In the case of email, choose a good looking frame and backdrop that accentuates the text without being too showy.

Last but not least, if there is a digital format for this contract, it is important to choose a format that covers important aspects. First, make sure it can’t be edited by just anyone. This immediately rules out word processor or clear text formats. Second, be sure it can allow for all of the aesthetic choices that were covered above. Lastly, make sure that it’s able to be read by a wide range of systems and devices. This shows that you care about the convenience of others at your own expense. PDF is a nice format for these reasons, but others do exist.

 

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