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Day: January 21, 2023

Franchising
Legalese in Leases: 10 Terms You Need to Know as a Franchisee

If you are purchasing a brick-and-mortar franchise for the first time and have never laid eyes on a commercial lease, the combination of the terminology, fine print and sheer magnitude of the commitment can be daunting. Even those who are familiar with commercial leases—whether from a previous franchise or prior involvement in real estate—show visible signs of anxiety and/or disinterest when presented with this document. So, to give a runway for those looking to purchase

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