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The franchise agreement, alongside the Franchise Disclosure Document (FDD), is the most crucial legal document in the franchising process. This binding contract, signed by both the franchisor and franchisee, outlines the franchisee's obligations and provides the franchisor with tools to enforce these duties. The agreement typically favors the franchisor, particularly regarding support and training obligations, which are at the franchisor's discretion. It is also an opportunity to discuss future growth plans with the client, ensuring flexibility is incorporated into the franchise agreement to accommodate these plans.
