0
The process of establishing a franchise and "selling franchises" is regulated by both federal and state law.
Prior to advertising, selling or offering the sale of a franchisor, a franchisor must comply with the "Federal Franchise Rule" (16 CFR 436, 437) respecting the disclosure obligations of a franchisor.
The primary obligation of a franchisor - prior to selling a franchise - relates to the extensive written disclosure document (known as a "Franchise Disclosure Document" or "FDD") that must be continuously prepared, updated and given to perspective franchisees prior to the offer or sale of a franchise.
In addition to federal regulation, there are various state laws that require that franchisors register and file the franchisors FDD with a local state agency.
Certain states maintain various franchise and business opportunity laws that must also be considered and complied with. Prospective franchisors - prior to offering or selling a franchise - must consult with a qualified legal professional to prepare the appropriate "franchise disclosure document" and to ensure that each particular states "registration" and/or regulatory requirements are satisfied.
Additionally, once you have setup your Franchise - the next step is to apply for an enlistment on various Franchise portals to submit your Franchise into their directory for Search Engine Optimization to expose your prospective Franchise to potential Franchisee's from all over the world.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Who controls a franchise?
By control I will assume you mean who runs a Franchise. The Franchise owner controls the franchise. The Franchise owner is controlled by the Franchise Contract.
What is the plural word for franchise?
The plural of franchise can be either franchise or franchises.
How do you franchise with luby's?
Can you franchise lubys
What is the plural word of franchise?
franchise
What is the purchaser of a franchise called?
The purchaser of a Franchise is called a Franchisee, and the person who grants the Franchise is called the Franchisor.
WhEre to get franchise for jain bakers ovenpick in India?
You are looking for outlet or want to setup one
How do you take kfc franchise at my home town karimnagar district A.P?
There is a group already working on to setup KFC in Karimnagar, A.P.
How can I setup a franchise for 1847 Spa?
Start a 1847 spa and help shape the bright future of male grooming. At 1847, we give you all the support you need to start your own hair salon and barber shop franchise. From 1847 location to operations, we’ve got you covered.
Why is McDonald's is a franchise?
Not all McDonalds' are franchise, but a particular store would be a franchise if it were a corporate named business owned and operated by a private owner or company. For example if I owned the rights to a McDonalds, I would be a franchise owner. I would pay McDonalds a fee for using their name, property, products, etc... The profit from the store I own would be mine and I would control it. But I would effectively be renting the names and logos and services already setup by the McDonalds corporation.
How can I setup a franchise for Strip Wax Bar Salon?
Strip Wax Bar offer waxing and hair removal franchise opportunities for high-energy entrepreneurs who want to help women and men nationwide discover a better way to wax. At StripWaxBar, we give you all the support you need to start your own waxing and hair removal franchise. From Strip location to operations, we’ve got you covered.
What was wrong with firsts west coast bid?
first only had a financial forecast setup for the six years of the franchise meaning this may have caused financial instability for the last eight years of the franchise the bid might have great for passengers because of new services and refurbished interiors but not for government because of that possible instability
Who controls a franchise?
By control I will assume you mean who runs a Franchise. The Franchise owner controls the franchise. The Franchise owner is controlled by the Franchise Contract.
Why is McDonald's a franchise?
Not all McDonalds' are franchise, but a particular store would be a franchise if it were a corporate named business owned and operated by a private owner or company. For example if I owned the rights to a McDonalds, I would be a franchise owner. I would pay McDonalds a fee for using their name, property, products, etc... The profit from the store I own would be mine and I would control it. But I would effectively be renting the names and logos and services already setup by the McDonalds corporation.
Is McDonald's a franchise or a chain store?
its a franchise
What is the plural word for franchise?
The plural of franchise can be either franchise or franchises.
How do you franchise with luby's?
Can you franchise lubys
How do you get franchise in karnataka?
How to get Franchise in Karnataka.
