Terminating a Franchise Agreement: How to Get out of a Franchise Business

Originally published by Vethan Law.

A franchise can be a quick way to go into business. If you are the franchisee, meaning the one who is licensing a franchise and operating it, you have the advantage of instant brand recognition and an established market. As a franchisor, the owner of the franchise, you receive payment for the right to use the franchise name and, potentially, royalties on the profits.

Curated by Texas Bar Today. Follow us on Twitter @texasbartoday.

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