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relieffromfranchise

Relieffromfranchise is a term used in business and legal discussions to describe mechanisms by which a franchise relationship is eased, renegotiated, or terminated in order to relieve one or both parties of certain ongoing obligations. The term is a concatenation of relief, from, and franchise, and it has appeared in policy papers, industry forums, and some legal literature as a way to summarize arrangements that reduce the typical costs and constraints of franchising.

In practice, relief from franchise can take several forms. Common options include temporary waivers or reductions

Relief arrangements are generally pursued through negotiation between the franchisor and franchisee, sometimes with mediation or

See also: franchise termination, franchise agreement, buyback, force majeure.

of
royalties
and
marketing
fees,
extended
payment
schedules,
or
grace
periods
during
financial
hardship.
It
may
also
involve
negotiated
terminations
with
compensation,
buyback
of
rights
by
the
franchisor,
or
adjusted
territorial
boundaries
and
performance
requirements
to
ease
operational
pressures.
The
precise
relief
is
usually
specified
in
a
revised
franchise
agreement
or
a
separate
addendum,
and
is
typically
guided
by
applicable
contract
law,
franchise
agreement
terms,
and,
when
relevant,
dispute
resolution
provisions.
arbitration
if
the
original
contract
provides
for
it.
They
can
help
preserve
brand
continuity
and
prevent
larger
losses
for
both
parties,
but
they
also
carry
risks,
such
as
potential
inconsistencies
across
the
network
or
perceived
unfairness
among
other
franchisees.