Agreement Template / December 4, 2018 / Hattie Salas
Assigning geographical boundaries: A franchise has to have a geographical boundary within which the franchisor should not establish another franchise. This goes in the interest of the franchisee to have that added from a Franchise agreement template in the final contract so that there are no competitors in your territory. Time period of the Agreement: This has to be defined with reference to your investment. With larger investment the time period of the agreement has to be proportionately more. Not settling on a time period could be disastrous. Royalties fee and total anticipated investment: The fee for getting the franchise royalty for using the trademark and brand name and the anticipated investment in the business have to be agreed upon in the agreement.
It is also necessary to include in the agreement the minimum number of hours an employee is required to show up for work. Minimum because when the need arises the employee may be required to render over time or go to work on a weekend or a holiday. The position and the salary are not the only important things that have to be in an employee agreement template. In an employee agreement it is also important to specify the benefits an employee is entitled of while affiliated with this employer. This benefit is not a privilege. It is a right. And by specifying these benefits in the employment agreement the employer can not claim afterwards that these benefits are merely bonuses. The benefit as part of the agreement is for the benefit of the employee. But also part of the employment agreement is the list of responsibilities expected of the employee.
Investing your finances in short term things is one of the concepts you have to think through. Its another thing to set it for bigger ventures like properties. When putting money in purchasing properties for lease in the future you should acquire a tenancy agreement template to model your contract from. The tenancy agreement is a signed contract between the landlord and the tenant. Accelerated possession procedures require a rightly drawn agreement. For claims on housing benefit the tenancy agreement is essential to the tenant as it will be proof of their tenancy so the contract is beneficial not only to the landlord but for both parties. It is quite easy to get yourself a tenancy agreement template. Indeed it used to be that legal documentation can only be accessed if you pass through a legal channel.