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The franchise agreement is a critical document alongside the Franchise Disclosure Document (FDD). It serves as the binding contract between the franchisor and franchisee, outlining the franchisee's obligations and providing the franchisor with tools to enforce compliance. This agreement typically emphasizes the franchisor's discretion regarding support and training obligations, making it generally favorable to the franchisor. Additionally, it presents an opportunity to discuss the franchisee's future growth plans, allowing for the inclusion of flexible provisions to accommodate potential changes.
