A Franchise Agreement is a binding agreement for a particular term. The term of most Franchise Agreements is somewhere between three to 10 years, with the average being around a five-year term. As with any other binding contract, a Franchise Agreement will bind the Franchisee for the whole of the term. Below are some methods a franchisee may employ to end a franchise agreement early: 1.        COOLING-OFF PERIOD After a Franchisee enters into a Franchise Agreement, they will have 14 days ...