We will draft the agreement in Word, save a copy of the agreement as a PDF, and push it through DocuSign. This ensures everyone – you, your new franchisee, and your Spadea Lignana team – has a fully executed copy of the agreement. We file our copy of the executed agreement within your client file folder for safekeeping.

Helpful Hints

To prepare a Franchise Agreement, we need the following:

  • All Principals have been disclosed (keep in mind they will all need to satisfy the 14 day wait period)
  • The prospect has completed an Agreement Request Form (it is helpful to double check this to make sure all Principals have been disclosed)
  • Once you have those items, you can send the request to us along with the fee being paid, the Site Search Area, and any Addendum items

To prepare a Transfer, we need the following:

  • Asset Purchase Agreement
  • Closing Date
  • A copy of the Seller’s original Franchise Agreement
  • All Principals have been disclosed
  • Buyers have completed an Agreement Request Form
  • Deal terms (transfer fee being paid, training requirements, etc.)
  • Territory Map for the Buyer’s Franchise Agreement

To prepare a Renewal Agreement, we need the following:

  • A copy of the original Franchise Agreement
  • All Principals have been disclosed
  • Franchisee has completed an Agreement Request Form
  • Confirmation that Site Selection and Training have been satisfied
  • Any Addendum items

Please email fieldguide@spadealaw.com if you have any suggestions, comments, correction or additions for the Field Guide. The purpose of the Field Guide is to create an organic, ever expanding resource of best practices for franchisors and your feedback and input is always welcome.