When a company is looking to expand its business by appointing franchisees to open new locations, it often does so through a Franchise Agreement. This type of agreement sets forth the terms and conditions of the relationship between the franchisor and franchisee, including the franchisor's grant of a license to the franchisee to use its trademarks and business model. The Franchise Agreement also typically includes provisions regarding the franchisor's obligations to provide training and support to the franchisee, as well as the franchisee's obligations to adhere to the franchisor's standards and procedures.
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