This is a modification of a franchise and license agreement and assignment and assumption of the modified franchise and license agreement between Company and Original Franchisee.
Franchise Sale Agreement - Agreement to Transfer Franchise to Third Party
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FAQ
Do some research on the type of franchise that best suits your needs. Call or visit the website of the company with which you are interested in opening a franchise. Write a business plan that discusses the franchise model and how you plan to penetrate a new market. Review all funding requirements.
Introduce yourself. Be clear about your intentions from the first paragraph. Introduce your company: type of business, years of operation, etc. Anything that might interest the franchisor. Explain the benefits of the franchise to the reader. Provide additional material to support your case.
The initial franchise application process is a screening mechanism by which franchisors begin to determine your interest and qualifications.Most franchise applications include many of the same requests for information, and it can get quite detailed.
An entity, other than a member of a combined group, that ceases doing business in Texas for any reason (i.e., termination, withdrawal, merger, etc.) is required to file a final franchise tax report (Forms 05-158-A and 05-158-B, 05-163 or 05-169) and pay any additional tax, if due.