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What are the differences among an individual franchise agreement, an area franchise agreement, and a master...

What are the differences among an individual franchise agreement, an area franchise agreement, and a master franchise agreement?

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Individual franchise agreement : In the individual franchise agreement by signing the agreement , the franchisee receives the right to operate a franchise operation within a territory.

Area franchise agreement: Is a agreement where the franchisee and the area developers negotiate the number of franchise operations to be opened and the time during which these franchisees will be opened.

Master franchise agreement: The agreement in which the master franchisor hands over the control of the franchising activities in a specified territory to a person often knows as the master franchisee.

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