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The franchise agreement is identified as the most critical document alongside the Franchise Disclosure Document (FDD). It serves as a binding contract between the franchisor and franchisee, detailing the franchisee's obligations and providing tools for the franchisor to enforce these obligations. The agreement often outlines the responsibilities related to support and training, which are typically at the franchisor's discretion, making the documents generally favorable to the franchisor. This also presents an opportunity to discuss future growth plans with the client, aiming to incorporate flexibility in the agreement to accommodate those plans.
