Missing &1 franchise fee group in franchise contract

What causes this issue?

The franchise contract must contain franchise fee group <(>&<)>V1
&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

The following options are available:
Enter the missing franchise fee group in the franchise contract.
Use a different franchise contract in the installation.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.