You send a franchise contract example to comply with franchise law but it can do so much more than just keep you legal.

You are required to send a franchise contract example no less than a week before the time comes to sign contracts (franchise agreement, OM  etc… ) and make the franchise relationship between and that new franchise owner a binding marriage.  When you think about it, one week is not much time for a potential franchise owner to review a legally binding document that will become his or her new life for many years to come. That is why when you are developing your plan to get good franchise information to future franchise owners, it is smart to do more than what is required by franchise law.

The process of sending to hopeful and wide eyed franchise applicants things like the franchise disclosure document and the franchise contract example is dictated by law so that nobody puts their name on the dotted line not knowing what they were getting into.  In the history of franchise development, there have been plenty of cases of fraud and companies selling fake franchises only to take a powder with the franchise fees and leave some heartbroken franchise applicants with nothing left but broken dreams.

The heavy handed legal overhead that requires that you send documents like the franchise contract example are part of the steps the government watch dog types did to get in the middle of the process of building a franchise relationship and make everyone play nice. That background might help you not dread every minute that goes into preparing workable documents such as the franchise contract example because these documents are the building blocks to one of the truly great business relationships you can have when that franchise owner kicks in and starts making piles of money for you.

Don’t let the franchise contract example do all the hard work of building a relationship with that franchise owner.

It is easy enough to do the bare minimum when putting together the franchise contract example.  You can send along basically a replica of the franchise agreement that will be signed when that big day comes to make the franchise relationship permanent.  But instead of seeing the franchise contract example as a big fat nuisance, think again.  What it really should look like to you is a big fat opportunity to build a solid relationship with each new franchise owner.

If you put yourself in the shoes of that new franchise applicant, unless they are a seasoned old pro at buying a franchise, they are looking to you to guide them through the process.  By making the process easy rather than hard and by using tools such as the franchise contract example to replace that look of confusion and fear with one of trust and excitement, you will have worked some serious magic and built a friend for life in that new franchise owner.

That friend for life will work like a Trojan to build the best possible franchise for you.  By simply delivering that franchise contract example with time to spare, you are helping that franchise rookie understand every paragraph of that important document.  Then by opening lines of communication so questions can be asked, those interactions turn into a business relationship that will result in a dynamite franchise partner who will just keep on delivering the goods for you year after year after year.