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Importance of a Franchise Agreement

A franchise agreement is a contract where the business person consents to grant the enterprise name or company system to someone or an entity (the franchisee). The agreement will characterize the foundation of the terms between both the consenting groups, defining the remuneration for the franchisee ( payment in parts is frequently in the way of royalties for the usage of the business trademark etc), conditions on the usage of the brand name, the extent of the agreement, and terms concerning disciplinary provisions, varying from penalty in money and allowance to withdrawing the business franchise and the contract.

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Registration Process

Online Registration

Benefits of a Franchise Agreement

Defines the Guidelines

A franchise agreement permits the businessman who is franchising his company to define guidelines for the upkeep of quality in regards to the different facets of the trade before onboarding the client and binding them in a franchise contract.

Brand Management

With a franchise agreement in place, the franchisor can set guidelines to the manner in which the franchisee adopts the business and branding. Also, the penalties for mismanagement or violation of the business branding are also defined thereby to protect the brand name.

Franchise Agreement Process

3 BUSINESS DAYS

Upon contact, your request to file for a Vendor Agreement will be received and our representative will be in touch with you to take your request forward. If we need more information from your end, we will call you as and when required. After we receive all your details, our in-house lawyers and legal experts, will create the Vendor Agreement and send it across for your view within 2- 4 business days.

2 BUSINESS DAYS

Your original price includes two rounds of iterations. Therefore, if you need any changes done to the Vendor Agreement, our lawyers will do the needful and send it across to you for your view once again.

Why Bright Legal Registration Services

LEGAL EXPERTS AT YOUR REACH

At Bright Legal Registration Services, we can deliver all your documentation requirements in just four working days. And if you're not totally satisfied, we'll take another couple of days to work on the modifications you need. All at the lowest price, both online and offline.

9.1 CUSTOMER SCORE

We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

200+ STRONG TEAM

Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.

FAQs on Provisional Patent

A patentable invention can be any (1) Art, process, method or manner of manufacture, (2) Machine, apparatus or other articles, (3) Substances produced by manufacturing, (4) Computer software with technical application to industry or used with Hardware, and (5) Product patent for food, chemicals, medicines and drugs.

20 years from the date of filing for a provisional or permanent patent, the patent falls into the public domain.

The details of the invention on a CD or pen drive, along with its name, comparison with existing products, uses and date of publication (if any). Applicant information is also required.

A patentee must disclose the invension in the patent document for anyone to practice it after the expiry of the patent or practice it with the consent of the patent holder during the life of the patent.

It is, therefore, effective only in India. However, filing an application in India enables the applicant to file a corresponding application for same invention in convention countries, within or before expiry of twelve months from the filing date in India. Therefore, separate patents should be obtained in each country where the applicant requires protection of his invention in those countries. There is no patent valid worldwide.

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