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Net worth is the total value of an individual’s assets minus liabilities.

A non-compete clause prevents a franchisee from opening a competing business within a specified area.

Negotiation rights allow the franchisee to renegotiate certain terms of their franchise agreement.

A national marketing fund is a shared pool used for advertising and marketing across all franchise locations.

A non-disclosure agreement (NDA) ensures that confidential business information is protected between parties.