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The franchise agreement is a critical document that complements the Franchise Disclosure Document (FDD). It serves as the binding contract between the franchisor and franchisee, outlining the franchisee’s obligations and granting the franchisor tools to enforce them. The agreement typically reflects franchisor-friendly terms, especially regarding support and training obligations, which are determined at the franchisor's discretion. Additionally, this document presents an opportunity to discuss the franchisee's growth plans, allowing for flexibility in the agreement to accommodate future expansion.
