Puerto Rico Sample Letter of Intent - Franchise Purchase via Stock Purchase
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How to fill out Sample Letter Of Intent - Franchise Purchase Via Stock Purchase?
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FAQ
The franchise agreement should outline the rights and obligations of both the franchisor and the franchisee. The main purpose of this contract is to protect the intellectual property of the franchisor.
Subject: Request for Franchise Dear [RECIPIENT_NAME], It gives me great pleasure to write to you that I am interested in acquiring a franchise of your [FRANCHISE_CATEGORY] business in [CITY]. I have performed an initial research of your business and find that the same match my areas of expertise and finance.
The franchise application is just that ? an application. You are applying to become a franchisee for this franchise company, and it is up to the franchisor to review your application to grant you access to their company.
Subject: Request for Franchise Dear [RECIPIENT_NAME], It gives me great pleasure to write to you that I am interested in acquiring a franchise of your [FRANCHISE_CATEGORY] business in [CITY]. I have performed an initial research of your business and find that the same match my areas of expertise and finance.
You Still Have Liability in the Franchise Agreement While the LLC structure limits your personal liability, a franchise agreement may counteract this. Many franchise agreements will force you to accept some level of personal liability to the franchisor, which weakens the corporate shield that an LLC creates.