When a customer walks into a franchise location in Seattle, Washington, does the customer have the same experience as it would when it visits a location in Miami, Florida? What about Lincoln, Nebraska? One of the hallmarks of franchising is that each franchisee is expected to operate in accordance with brand standards and deliver the
Balance
How Non-Competition Agreements Protect Franchisors
By Carlie Smith on
Posted in Franchise Fundamentals
You have worked hard to grow your business and brand. The last thing you want to do is give it all away. A carefully drafted non-competition agreement can protect your brand and trade secrets.
Well-drafted, enforceable non-compete agreements include the following elements:
Narrow List of Prohibited Activities
Courts are increasingly focusing on balancing former franchisees’…