Understanding Franchise Agreements in India
Franchising is a popular business model worldwide, and India is no exception. With a booming economy and a growing middle class, the Indian market presents a lucrative opportunity for franchise businesses. A franchise agreement in India is the cornerstone of this relationship, outlining the rights and obligations of both the franchisor and the franchisee. This article delves into the essentials of a franchise agreement in India, providing a comprehensive understanding for potential franchisors and franchisees.