The most important document, once you have agreed to become part of a franchise, is a franchise agreement. Principally, it's a fairly binding document articulating how one is to carry out business as a franchisee in the brand of the franchisor. Understanding the complications involved in a franchise agreement is veritably critical in icing successful cooperation and guarding your investment.

The share purchase agreement is a type of agreement between the buyer and the seller, with the terms of sale of company shares, including purchase price, warranties, and responsibilities of parties pre- and post-transaction. A share purchase agreement makes sure all elements of the transfer of a share are upon mutual agreement, hence avoiding any disagreement down the line.

A Shareholders' Agreement refers to the kind of agreement detailing the rights and responsibilities of the shareholders about governance, procedures for decision-making, preemption rights or restrictions on share transfers, and dispute resolution.