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  • Suggest You - International Franchising; Did You Read the Agreement?

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    chise system. Then when in litigation or arbitration they say; “I did not read the franchise agreement.”

    Well I got sick and tired of that crap and I designed this little para

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    Perhaps this may amuse you in some way. Did you know one of the ways that international franchisees of a US based franchisor often try to get out of the franchise agreement is by saying that they did not read it or could not read it? Or that they did not understand what they read, yet signed it and promised to follow all the stipulations? Well it is true.

    And yes it happens in the United States too with franchisees who do not follow their words, signature or promises to follow the franchising contract, yet they still partake in all the fruits of the strong brand name, confidential proprietary knowledge and marketing techniques. Then they do not pay their royalties or follow the rules undermining the entire franchise system. Then when in litigation or arbitration they say; “I did not read the franchise agreement.”

    Well I got sick and tired of that crap and I designed this little parag

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    ying that they did not read it or could not read it? Or that they did not understand what they read, yet signed it and promised to follow all the stipulations? Well it is true.

    And yes it happens in the United States too with franchisees who do not follow their words, signature or promises to follow the franchising contract, yet they still partake in all the fruits of the strong brand name, confidential proprietary knowledge and marketing techniques. Then they do not pay their royalties or follow the rules undermining the entire franchise system. Then when in litigation or arbitration they say; “I did not read the franchise agreement.”

    Well I got sick and tired of that crap and I designed this little para

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    >And yes it happens in the United States too with franchisees who do not follow their words, signature or promises to follow the franchising contract, yet they still partake in all the fruits of the strong brand name, confidential proprietary knowledge and marketing techniques. Then they do not pay their royalties or follow the rules undermining the entire franchise system. Then when in litigation or arbitration they say; “I did not read the franchise agreement.”

    Well I got sick and tired of that crap and I designed this little para

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    the fruits of the strong brand name, confidential proprietary knowledge and marketing techniques. Then they do not pay their royalties or follow the rules undermining the entire franchise system. Then when in litigation or arbitration they say; “I did not read the franchise agreement.”

    Well I got sick and tired of that crap and I designed this little para

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    chise system. Then when in litigation or arbitration they say; “I did not read the franchise agreement.”

    Well I got sick and tired of that crap and I designed this little paragraph for our franchise agreements to stop such BS from those who failed to keep their word;

    7.17.3 Franchisee Read This Document

    Franchisee acknowledges that they have reviewed the Franchise Agreement and the Franchise Offering Circular and have received all information, which Franchisee has requested concerning the business operation and any other information which in Franchisee’s opinion was necessary for Franchisee to decide whether to enter into this Agreement. Franchisee also acknowledges that they believe they have made a good decision for themselves or for their partners, their company or their corporation based upon what Franchisee believes is their ability to run and control a business of their

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