u/Aggressive-Cheek-245

[ON] How to get out of a franchise agreement?

Hey all,

We're exploring options to buy a franchise.

Let's say it doesn't pan out, anyone have experience/knowledge of minimizing risk? What's the typical way of getting out, do you just pay mutual termination fees etc and whatever is left on your business loan?

And if your loan is through CSBFP, the govt will pay the bank whatever they insured (up to 85%)?

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u/Aggressive-Cheek-245 — 13 days ago