Tips
How a Franchisee Sources Stock
The franchiser delivers stock at network shops once in 15 days. Franchiser delivers products according to available stock. The franchisee needs to make an order for the sum as directed by the franchiser. Otherwise, the franchisee needs to buy products directly from the company.
The franchisee should make a bank deposit equivalent to the order amount or shall include a bank draft for the order. The company will not entertain credit.
About Franchise Signboards
Franchise signboards, displays, advertisements and promotional materials shall be sourced from the company.
About Franchisee License
It is binding on the franchisee to take and renew on time, all legally necessary licenses.
About Starting a New Franchisee
Starting a new franchisee requires existing franchisees to file fresh application. The new franchisee too needs to make the deposit.
Franchisee Expiry
Franchisee doesn't have any date limitations. Either the franchiser or the franchisee can terminate the franchisee according to the agreement.
Legal
Margin Free Market Limited franchisees and MFREEM franchisees work according to specific rules and within legal constraints. All agreements are designed according to specific rules and all agreements are legally binding.
Jurisdiction
Margin Free Market Limited registered under Companies Act 1956 at Fort Thiruvananthapuram and any legal issues of franchises shall be under the jurisdiction of Court/Courts at Vanchiyoor, Thiruvananthapuram.
