Agreements 101

A franchise agreement is the legal contract governing an agreement between the owner of a franchise and the party they allow to operate one or more of their franchised operations.

A letter of intent (or LOI) is a document that declares one party’s preliminary commitment to agree to do business with another. The letter outlines the terms of the agreement, such as key points that need to be negotiated and steps both parties agree to take before, during, and after the transaction.

Everything you need to know about the contract management process and how to build an end-to-end contract management solution that drives productivity.

A consulting agreement is a formal contract agreement created when a client requests services from a consultant. Consultants are considered a type of independent contractor, and so consulting agreements are a type of independent contractor agreement. 

Annual Contract Value and Total Contract Value each provide different information on the true value of a businesses’ contracts with their customers.

A confidentiality agreement is a legal document that regulates the way its signers must treat any private information specified therein. Confidentiality agreements exist to make sure that information isn’t shared outside of the relationship by defining what the information is, specifying how it may and may not be used and shared, and clarifying what will happen if it is shared inappropriately.