1955 Franchise Agreement

The 1955 Franchise Agreement refers to the legal contract established when a franchisee (someone opening a business using a brand's name and system) and a franchisor (the company owning the brand) agree on terms. This agreement typically covers the use of trademarks, operating procedures, fees, training, and support. It defines the rights and responsibilities of both parties, aiming to ensure consistent quality and service across franchise locations. In 1955, such agreements helped formalize and expand the franchise model, shaping how businesses like fast-food chains and service brands operated nationwide under standardized systems.