According to the International Franchise Association, one of the leading trends in the franchising world today is the internationalization of franchises. This is made clear by the obvious brands, such as McDonald's, Subway and 7-Eleven, which can be found in all corners of the globe. But it is also a trend for the less known and smaller franchises that identify new markets in foreign countries. Likewise, many foreign franchises are appearing in the US market, creating new opportunities for aspiring American entrepreneurs.
As franchising continues to become more and more global, the importance of having a professional legal translation of all franchising agreements becomes essential. Here are some foreign language translation tips you should keep in mind when considering or entering into an international franchising agreement: