1. A Franchise Agreement Between Simple Software Company Website
2. Franchise Agreement Template
3. A Franchise Agreement Between Simple Software Company Business

However, there’s a lot of noise out there when it comes to choosing the right franchise business opportunity.$5,000,000 net worth? $400,000 in liquid capital? At least three with a total of 125 years experience in the field?Uh, that’s not going to happen.From companies that require ridiculously large upfront investments—often in excess of several hundreds of thousands of dollars or more—to organizations that provide little actual support in exchange for their hefty fees, it can be impossible to know where to begin.But you can do it. And it doesn’t have to cost millions.We’ve compiled this for entrepreneurs who are serious about opening a low-cost franchise in 2020. Each franchise on our list has the following characteristics:.

A Franchise Agreement Between Simple Software Company Website

An affordable upfront investment,. The backing of a strong reputation, and.

High-growth potentialNow before we dig into all the franchises in this roundup, let’s quickly define the key terms you’ll need to familiarize yourself with. Then, we’ll answer a few of the most common questions that come up when evaluating franchise opportunities.Ready? Let’s rock ‘n roll. Quick links.What is a franchise business?In a franchise business, the owners (franchisors) grant rights to independent business owners (franchisees) to do business under their name. Initial Investment Cost: $20,000 to $29,000. Franchise Fee: $10,000 to $14,000 based on the popularity of the territory (one-time fee). Royalty Fee: 20% of the basic weekly feesTerry Bell and Larry Hubbart went from traveling the country playing pool tournaments to building a business empire.

They saw a lack of uniformity in the rules of pool although many people were interested in the game. After leading the unglamorous lifestyle of extensive travel, the idea of the (APA) emerged. In 1979, they started the organization, and in 1981, the first APA National Championship was conducted.To build the amateur leagues, the founders realized the need for Hence, they started franchising in 1981.If you’re into sports and recreation, then APA is a great opportunity to become a league operator for its 250,000 members.APA kicks-off with a training seminar. Then, they offer you ongoing support and help with marketing in the form of templates to launch your local advertising and PR campaigns. You’re also connected with the other franchisee owners for networking opportunities and opportunities to hear about what’s working well elsewhere.

Jani-King(Image source: Jani-King). Total Investment Cost (includes initial franchise fee, finder’s fee, equipment, and supplies): $14,500 to $33,850 (plus $2,750 for each additional level of Plan E)Do you have an insane attention to detail? Then, you might be the perfect candidate to apply for a and offer commercial cleaning services. The company was started in 1969 and pioneered the franchising business model for commercial janitorial services.Think about it: Every business needs cleaning services, which is probably why Jani-King has been so successful over the years.Jani-King has a solid reputation in the cleaning industry and a proven business model. Furthermore, it offers excellent support for franchisees across its 120 regional offices spread across 14 countries.Once you sign the franchise agreement, you’re briefed with initial training on how to clean commercial areas properly, including restrooms, offices, carpeted areas, and the like. You also receive a fixed dollar amount of monthly business as an initial jump-start, which can be a huge help when you’re just getting started.

Initial Investment Cost: $66,800 to $133,700. Franchise Fee: $36,000 (one-time fee).

Royalty Fees: 5% of gross monthly revenueEver wish there were more activities to do with the kids in your life? If so, offers you a chance to spend ample time teaching ballet to children between the ages of 18 months to eight years. Founder Genevieve Weeks trained extensively in ballet and worked as a freelance artist before she started Tutu School to celebrate the things she loved the most about ballet—and bring it to an age group that’s typically left out in the dance school circuit.The mission of Tutu School is to expose children to creative pursuits and movement, and use classical music to nurture their imaginations. As a franchise business owner, you’ll get ongoing, meaningful support, customized software to run the backend of the business, and plenty of advertising tools.Tutu School doesn’t expect franchise business owners to have extensive dance experience, but to at least have a “deep appreciation” for dance. However, if you don’t like being a part of the twirling community, then Tutu School probably won’t be the right franchise business for you. Complete Weddings + Events(Image source: Complete Weddings + Events).

Initial Investment Cost: $30,000 to $60,000 based on population in your territory (includes necessary equipment for your first year and $5,000 in an operating account)Do you love throwing parties? Then, gives you the opportunity to start your events franchise business at an affordable price. The company has been organizing parties and providing music, photography/videography, lighting, and photo booth services since 1973.In 1983, Complete started its first franchise business, so they’ve been around the block with this business model.

Once your new franchise is accepted, you’ll receive an owner training session.You’ll also get access to tools, branding, collateral, a custom software solution provided by Complete, and other ongoing support to help grow your local footprint. Your ongoing training will include monthly webinars with industry experts that speak about the wedding business.If you like bringing people together and, focusing on selling and management, then you’ll like owning a Complete Weddings + Events franchise. In fact, to help with a lot of the services you’re offering. Pillar To Post Home Inspectors(Image source: Pillar to Post Home Inspectors). Initial Investment Cost: $36,350. Franchise Fee: $21,900. Royalty Fee: 7% of gross revenue.

Brand fund (for advertising): 4% of gross revenueAs the largest North-American home inspection company, is a reliable, low-risk franchise business that helps home buyers and real estate professional alike, with the long list of inspections that need to be conducted before a real estate transaction can take place. With low overhead costs, you can start this franchise quickly and help facilitate informed homeownership decisions in your local community.The company was founded in 1993 by Mike Brewer after he found a home inspection badly deficient in serving his needs while buying a house. So Brewer decided to change how things were done.The company relies on its franchise partners to deliver a great Pillar To Post brand experience. Hence, it has a team of 30+ people that help franchise business owners to grow their practice.As a franchisee, you’ll receive their proprietary technology that makes inspections easier.

You also get marketing help to find local clients, and access to experienced regional business coaches for additional training.If you want to build a home-based business that’s profitable and offers a flexible schedule, then starting a Pillar To Post franchise business may be a great move. Soccer Shots.

Initial Investment Cost: $41,034 to $53,950. Franchise Fee: $34,500 (approximately). Royalty Fee: 7% of your monthly Gross SalesIf you love staying active and want to make a positive impact on the lives of children in your local community, then a could be right up your alley.

Soccer Shots is currently the top-ranked children’s soccer franchise on the Entrepreneur 500 list.The company was founded in 1998 because the owners saw a lack of soccer programs specifically designed for young children. Currently, their curriculum focuses on and skill building through soccer programs for kids, which are customized for three different age groups. Beyond that, the company ensures coaches receive comprehensive training that goes beyond soccer and teaches them how to engage and inspire children.As a Soccer Shots franchise business owner, you’ll bring the brand’s product into preschools, childcare facilities, elementary schools, and parks. That means there’s no need to go through the hassle of buying or renting a field.The process starts with recruiting local coaches through their proprietary CareerPlug tool, using marketing collateral to build awareness about Soccer Shots, enrolling children after hosting a free soccer day, and finally delivering the 30-40 minute experience through soccer lessons.Franchise business owners receive branded equipment along with support in operations, sales, and marketing. Franchisees also get trained on how to set up partnerships with schools and other community organizations. Initial Investment Cost: $64,400 to $82,450Founded in 1994 by a social worker, helps families find independent living, assisted living, memory care, nursing homes, and in-home care facilitators for their loved ones. Even more, its services are free to end-customers, while franchise business owners get paid by over 20,000 pre-vetted insurance providers across the nation.If you want to help families navigate through the challenging emotional experience of home placement, then CarePatrol could be a worthwhile franchise business opportunity for you.

Aside from the tangible business benefits, this franchise comes with personal rewards as you help satisfy a growing need for families in your community. As a franchise business owner, you’ll receive training on how to become a trusted senior care advisor.CarePatrol is a low-investment business opportunity that you can start from your home without worrying about renting an office, staffing, and other common business challenges. Healthy You Vending(Image source: Healthy You Vending). Initial Investment Cost: Under $100,000If you’re looking to start a flexible business and take pride in eating clean, then might be a good match. The health and wellness industry is growing rapidly and increasingly become more of a status symbol—and Healthy You offers over 2,500 healthy, tasty products to quench that need.Healthy You has been around for over 19 years and has more than 1,700 healthy product vending operators. That’s why it’s a meaningful opportunity for healthy food lovers that want to build a business around choosing nutritious snack options.What’s more, as a vending operator, you have complete operational freedom that’s unlike most franchise business operations., and you can earn an income 24 hours a day from transactions on your machines.

After the initial investment, there are no royalties or other fees, and to mitigate the business risk, you can even expand to multiple locations over time. RelatedIf you’re looking for a that doesn’t take a ton of regular work and could generate a considerable amount of passive income, then try your hand at becoming a Healthy You vendor. Weed Man(Image source: Weed Man). Initial Investment Cost: $43,700 (for a single territory with a population up to 150,000) and $58,540 (for a double territory with a population up to 300,000). Franchise Fee: $20,000 to $33,750.

Capital Investment: $103,700 to $118,450If you love to literally get in the weeds, then you’ll love this franchise business opportunity by, a premier lawn care service provider.Des Rice started Weed Man over 45 years ago with an unwavering commitment to helping customers turn their dying, overgrown yards into lawns they can enjoy. It’s since grown to serve over 400,000 lawn care customers in North America.As a Weed Man franchise business owner, you’re initially enrolled in a 10-day training to learn all the aspects of the business, including administration, technical components, marketing, planning, and budgeting. This training is followed by ongoing support and regular seminars to help you stay fresh on lawn-care industry happenings.You also get access to the exclusive Weed Man computer system that tracks your work and helps you set realistic benchmarks for growing your customer base. Furthermore, their marketing systems and collateral help you build strong relationships with customers and measure the results of your hard work.To decide if it’s the right franchise opportunity for you, take a look at. TSS Photography(Image source: TSS Photography).

Franchise Agreement Template

Initial Investment Cost: $40,000 to $60,000 (depending on your territory)Are you secretly a shutterbug? If so, TSS offers a great franchise business framework for building a sustainable, profitable photography business. Over 2 million customers in more than 40 U.S. States each year, and has grown to become a trusted brand in shooting sporting events, at schools and for other special events.As a franchise business owner, you get access to their advanced photography tools including their proprietary Photo Match system (for quickly matching and transmitting images onsite) and advanced green screen solutions.You also get support for your photography business including tools for booking appointments, training materials, marketing direction, and business advice. On top of all this, you get to choose your own jobs, work hours, and control your overhead costs. In fact, you even get to choose the niche you find the most satisfying—sports and school photography, photography for corporations, religious groups, or other community organizations.Whether you’re a novice photographer or an expert, if you want stability and a reliable franchise business model that’s centered around your photography skills, then TSS is a solid opportunity for you to explore.

Nhance(Image source: Nhance). Initial Investment Cost: $62,212 to $160,909, (minimum liquid capital of $50,000 required). Franchise Fee: $21,712 to $42,842. Royalty Fee: $346 to $692 per monthAs every real estate agent knows, refinishing cabinets can make any room feel totally new. An exclusive partner to Home Depot, professionals refinish and repair wood cabinets and floors, helping homeowners, property managers, and real estate professionals renovate their properties for a decent price.After entering the market in 2001, Nhance has turned into an affordable and fast solution for people looking to restore the luster of wooden surfaces.

They’ve also created the Lightspeed® U.V. Curing technology, which produces less dust than other materials and quickens the refinishing process.New franchise business owners receive a nine-day training and ongoing education from Nhance.

Hence, you don’t need wood refinishing industry experience in order to dive into this business. You also work directly with the franchisor on building your first-year plan in their quick start program.Besides teaching you in-person how to use their technology and products, the quick start program will teach you, and what it takes to complete a job on time.

Nhance also has a well-developed online training platform for ongoing education and refinishing industry updates.If you’re interested in home renovations, furniture, and keeping wood cabinets looking fresh, then consider starting an Nhance franchise. Great Clips(Image source: Great Clips). Initial Investment Cost: $136,900 to $238,250. Franchise Fee: $20,000. Great Clips Royalty: 6% of gross sales. Net Worth: $300,000 (High-cost markets: $500,000).

Liquid Assets: $50,000 (High-cost markets: $75,000). Credit Score: 675can help stylish entrepreneurs open a salon using its reputation that’s been built over 35 years of operation. David Rubenzer and Steve Lemmon started the company in 1982, realizing that consumers need haircut appointments that are easy to squeeze into their busy lifestyles. (Hey, not everyone can leave work to get a haircut at 11am on a weekday.) They revolutionized the industry by offering walk-in hair care services that are open on both weekends and evenings.The first Great Clips salon was opened in 1983, and has since expanded to over 4,300 locations, with their franchises employing more 40,000 stylists.As Great Clips is a 100% franchised company, they are now picky about entering only into markets where they aren’t currently operating. You can explore their and see if your area is up for grabs.

RelatedAs a franchise business owner, you get access to support, resources, and technology to grow your salon business. You can use their online university to learn the basics of real estate, salon operations, and other key topics. On top of that, they also offer hands-on experience through in-person training in your local market. They also provide ongoing help in operations, marketing, and even the purchasing of equipment.If you’re interested in hair styling and satisfy the financial requirements for joining this franchise business, then consider looking into starting a Great Clips location. You don’t even need to know how to cut hair, as 95% of their franchise business owners still don’t.

What’s even better is that Great Clips is fine with you keeping your day job as long as it gives you the flexibility to run a franchise business alongside it. Rhea Lana(Image source: Rhea Lana). Initial Investment Cost: $20,000 to $22,000 (to host events). Franchise Fee: $11,500 to $14,500. Royalties: 3% to 1%In 1997, launched a small business with the goal of making fashionable kids’ clothing affordable. She validated her idea of selling gently used children’s clothing by hosting a small event in her living room.

A Franchise Agreement Between Simple Software Company Business

After receiving positive feedback from fellow mom friends who also had growing stacks of clothes their kids grew out of, she knew she was onto something.Since then, Rhea has expanded to operating 80 franchise business locations. They currently conduct children consignment pop-up events in 22 U.S. States.Owning a Rhea franchise business can be a great opportunity for both stay-at-home and working parents that have enough time to work this unique model into their schedule.

A Rhea Lana franchise can help supplement your family income while giving you a flexible lifestyle.Rhea Lana also offers a plethora of useful resources including an owner’s manual and corporate mentor. After training at an event, you get continuous support in the form of weekly event season webinars. Franchise business owners also look forward to the Rhea Lana’s Annual Owners Conference where you can meet with the entire Rhea Lana family and brainstorm innovative ideas.What’s more, their franchise business model is unique, as there’s a decrease in the royalty percentages as your sales grow, incentivizing you to do more business (and keep a larger share of your income). Frontier Adjusters. Initial Investment Cost: $14,495 to $23,445. Franchise Fee: $8,000. Royalty: 15% of billings for services performedIf you have experience (or just an interest) in the property and casualty insurance world, then has a potentially lucrative franchise business opportunity for you.Their network of adjusters is highly experienced (which typically means working with a thousand different insurance companies and having an average of 15 years of claim experience under their belt).

Hence, you’re being welcomed into a great company of franchise business owners that have served as claim managers for major insurance carriers.Note that there’s no startup training for new franchise business owners for handling claims, as you’ll need at least five years of multi-line P&C claims experience. What you do get access to is IT, marketing, financial, and administrative support for your business.To become a Frontier franchise business owner, you need to undergo a thorough background check on your criminal, credit, and driving records. Because it’s the insurance world, you’ll also need to perform regular checks on your employees and independent contractors, and ensure are in place for those directly serving your customers.Frontier is a niche franchise business opportunity that’s solely suitable for subject-matter experts that already have extensive insurance claiming experience. Hissho Sushi(Image source: Hissho Sushi). Initial Investment Cost: $21,050 to $238,950.

Franchise Fee: $14,450 to $194,250Philip Maung arrived in the U.S. In 1989 with $13 and a dream of starting a new life.

Soon, he got a peek into the sushi business and learned the ropes of a thriving new niche industry—fast casual sushi restaurants inside of supermarkets. Finally, in 1998 he started in his family dining room.Currently, Hissho operates more than 875 sushi bars across the US in universities, cafes, hospitals and upscale supermarkets. Their food is grab-and-go, and packed with the goodness of omega-3s with a high protein content.

For busy people, Hissho offers a quick bite in the form of its healthy rolls—making it a great franchise business opportunity in more urban markets.To start a franchise with this sushi brand, you need to be 21 years of age and pass a drug, background, and credit check. In return, you’ll get training in all aspects of running a food business, including engaging customers, marketing, sales, food safety, and hands-on sushi training. Furthermore, you’ll receive ongoing support from the field team as well as participation in conferences and webinars.If you’re a sushi fan who wants to become an independent franchise business owner, then Hissho offers a tried-and-true business model with a large support network. Pokeworks(Image source: Pokeworks). Initial Investment Cost: $58,912 to $82,712.

Franchise Fee: $44,900Are you genuinely interested in serving other people? If so, might be the franchise business for you. This brand specializes in helping families and seniors with trying life transitions. Services include senior relocation, right-sizing living facilities, estate sales, and online auctions.As a Caring Transitions franchise business owner, your job is to ease people through big life changes, including providing guidance and emotional support to clients during stressful and anxiety-prone circumstances—like moving a family member to a senior living center or settling an estate after a death.New Caring Transitions franchise business owners get a comprehensive training program and a 90-day in-depth onboarding to ensure a strong launch.

Additionally, there are monthly webinars, a business growth playbook, technical assistance, and ongoing guidance.Their marketing support includes pre-designed collateral like brochures, flyers, and business cards. Lastly, for digital marketing, franchisees are trained to set up social media campaigns, solicit testimonials from existing customers, and grow the company’s digital presence by running high-converting paid advertising campaigns on social networks like Facebook & Instagram as well as search engines like Google & Bing.If you have high emotional intelligence and enjoy helping people during intense life moments, then Caring Transitions could be a meaningful franchise business for you to explore. Bricks 4 Kidz. Initial Investment Cost: $33,800 to $51,050. Franchise Fee: $25,900The last franchise on our list is a mobile business that lets you make a positive impact through education. Fosters S.T.E.M. (science, technology, engineering, and mathematics) skills in children by using their proprietary model that involves playing with LEGO bricks.

By throwing birthday parties, teaching workshops, and hosting camps, you’ll engage children in activities that are fun and spark their curiosity.The Bricks 4 Kidz franchise business model is easy to set up, and you can launch a company with them in as little as one to two months. After you go through their Learn Build Play webinar, you can (their Director of Franchise Development) to get more information on what it means to be a Bricks 4 Kidz franchise owner. RelatedYour franchising journey begins with a four-day training in St.

Augustine, FL and it’s followed by a 90-day startup plan.

Opinions expressed by Entrepreneur contributors are their own.The following excerpt is from Rick Grossman’s book. Buy it now from The franchise agreement is the contract between the franchisor and you, but it’s not a “standard” or “form” agreement. The format of the contract differs from one franchise system to another.Related:However, though each franchise agreement will differ in style, language and content, all franchise agreements have covenants, each of which describes a promise, right or duty that the franchisee or franchisor owes to the other or that benefits the franchisor or franchisee. The following is a list of those covenants that one most often sees in a typical franchise agreement.

(The franchise agreement on our will have the specific language that addresses each covenant.) 1. Grant of FranchiseThe “Grant” section lets franchisees know that the franchisor is granting them the limited, non-transferable, non-exclusive right to use the franchisor’s trademarks, logos, services marks (called generally the Marks) and the franchisor’s system of operation (often called the System) for the period of time defined by the franchise agreement. The franchisee receives no ownership rights to the Marks or the System, and the franchisor always retains the right to terminate the franchisee’s grant-of-license because of a breach of the franchise agreement. Opening Date, Territory Limitations, Build-Out and Similar RightsThis covenant describes the franchisee’s territory (be it exclusive or not) and sets up a time schedule by which the franchisee must find a brick-and-mortar location, must have the plans for the unit approved and must be built-out and opened. This section may also disclose other matters such as the computer equipment needed to operate the business and the like. Fees and Required PurchasesThis section will disclose the fees more specifically described elsewhere in the agreement.

The fees include the initial franchise fee, any fees paid to the franchisor prior to opening, any fees paid to the franchisor during the term of the franchise, all advertising fee obligations and the like. AdvertisingIn this section, the franchisor should repeat the franchisee’s advertising obligations as they’re stated in Item 11 of the franchise agreement (and the fees for which are identified in Items 5, 6, 7, 8 and 11 - as applicable). Term and RenewalThis covenant spells out the term (length of time) of the franchise agreement measured from the date the franchise agreement is signed to the date that the franchise agreement expires. If renewal rights are granted, this section will also spell out the prerequisites of this arrangement. Services Offered by FranchisorThough not all franchisors will repeat the pre-opening and post-opening services that they offer the franchisee in the franchise disclosure documents, sound drafting principals will require that these matters be repeated in the franchise agreement.

Including them in the franchise agreement, however, removes the specter of litigation as a way to insert rights into the contract that aren’t otherwise stated. Protection of Proprietary Information, Marks and Other Intellectual PropertyAs discussed in the “Grant of Franchise” section earlier, the franchisor is granting only a temporary license to the franchisee. Most franchisors will enforce this understanding by adding specific language that identifies each item that makes up its proprietary, confidential and trade-secret information and by then stating the limitations that are placed on the franchisee’s right to use such information. It is important protection for the franchisor and is not usually a covenant missing from the franchise agreement.Related: 8. TrainingThis section should disclose any training offered by the franchisor, including any additional training, seminars, meetings or the like that the franchisor will either require or will urge the franchisee to attend. Quality ControlAs the name suggests, franchisors will address the franchisee’s specific quality-control requirements.

This is sound franchising and is necessary to insure that the goods and services offered throughout the system meet the franchisor’s minimum requirements. TransfersVirtually all franchise agreements control the franchisee’s right to transfer their interest in the franchise relationship. This section will list the prerequisites to a transfer. Defaults, Damages and Complaint LimitationsAll franchise agreements will contain some recitation of the violations of the franchise agreement that will be treated as a breach. These violations may be divided into those breaches that result in the immediate termination of the franchise agreement, for which no cure is given, and those violations for which cure is provided. Obligations Upon Expiration or TerminationOnce the franchise relationship has ended - either because the term has naturally concluded and no renewal has occurred, or because the franchise agreement was terminated - it is usual for the contract to list a series of steps that the franchisee must take to “de-identify” the business and the franchisee’s association with the franchise system.

Franchisor’s Right of First RefusalMost franchise agreements give the franchisor the option, but not the obligation, to exercise a first right refusal to purchase the franchisee’s business - in the case where the franchisee seeks to transfer the business, or the first right to purchase the franchisee’s assets at the time that the franchise agreement expires or is terminated. Relationship Between the PartiesFranchisees are always treated as independent contractors of the franchisor. This has several important implications. An independent contractor is not an employee or agent of the principal. Instead, the independent contractor is in business for themselves. The parties to this relationship pay their own taxes, hire on their own, are responsible for their own employees and generally operate independently of the other in carrying out the contract between them.

IndemnificationAll franchisee agreements will contain an indemnification covenant, which means that the franchisee will reimburse the franchisor for any losses it suffers as a result of some negligent act or wrongdoing of the franchisee. These covenants are almost always one-sided in favor of the franchisor - which is fair, given that the franchisee and not the franchisor is responsible for the day-to-day operation and maintenance of the business. Non-Competition Covenant and Similar RestrictionsA non-competition covenant is one that seeks to prevent the franchisee from opening a business that would compete with the franchised business. Virtually all franchise agreements will have non-competition covenants. The covenant is often broken into two parts: the “in-term” covenant; and the “post-term” covenant.As the name suggests, the in-term covenant prevents the franchisee from competing against the franchisor and any other franchisees while the franchise agreement is in force.

Typically, this covenant covers a geographic area around each franchised, company-owned and affiliate-owned business. The post-term covenant covers the former franchisee after the franchise agreement expires or is earlier terminated because of an uncured breach. Dispute ResolutionThis covenant spells out the methods the franchisor uses to resolve disputes with franchisees.Most often one will see at least a nonbinding-mediation requirement followed by a binding-arbitration requirement. In other cases, these two methods of resolution will be preceded by the requirement that the parties first meet face-to-face.Related: 18. InsuranceAll franchise agreements will require the franchisee to obtain insurance to cover its business operations.

In all cases, each of the franchisee’s insurance policies will require that the franchisor be named as an “additional insured,” meaning that the franchisor enjoys the same coverage as does the franchisee, even though the franchisor is not paying for the coverage. Additional or “Miscellaneous” ProvisionsThis is kind of the catch-all section of the franchise agreement that contains what some call “boilerplate” language, meaning that it is “usual” that such language be included in any contract. In virtually all franchise agreements, you’ll see covenants that cover mergers, modifications or amendments, non-waiver provisions, state-specific addenda and more.