Dispute resolution refers to the process outlined in the franchise agreement for resolving conflicts between the franchisor and franchisee. This may include methods such as mediation, arbitration, or litigation, and specifies the jurisdiction and procedures involved. Many agreements favor arbitration as a faster and more cost-effective alternative to court. Understanding the dispute resolution process is critical, as it affects how legal disagreements are handled and what rights both parties retain in the event of a conflict.
Dispute Resolution
This term
Dispute resolution outlines how conflicts between franchisors and franchisees are settled.
Joe Bailey
Lead Franchise Advisor & Owner
At Franchise Reports, the goal is simple: help you find better franchises.
