This form requests certain information with regard to each corporate officer, director, partner, or other principal of the franchise sales agent. The form also contains a supplemental franchise sales agent statement which is to be used when reporting a change of corporate officers, directors, or other principals of the franchise sales agent.
Connecticut New York Franchise Sales Agent Statement
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Multi-State
Control #:
US-4-16-2-STP
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Word;
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FAQ
New York is a franchise registration state. Before you offer or sell a franchise in New York you must first file and register your FDD with the Investor Protection Bureau of the New York Attorney General. The initial New York FDD filing fee is $750 and the annual renewal fee is $150.
Connecticut is a registration state, meaning it requires business opportunities to be registered with the Connecticut Department of Banking. 236 C.
Renewal Registration for New York Franchisors To renew a franchise registration, the franchisor will pay a fee of $150. If this renewal process is not completed ing to the state's guidelines and within 120 days after the end of the fiscal year and initial registration, there may be penalties.
Franchise sales brokers are engaged as independent sales agents to solicit a franchise purchase and are paid a commission. They may also be called coaches, consultants, agents and representatives. They may work under the same roof as the franchisor but are not employees of the franchisor.
Franchise sales agent means a person who directly or indirectly engages in the offer or sale of any franchise on behalf of another. Franchisors, subfranchisors, and their employees are not to be considered franchise sales agents.
A franchised agent is someone who has entered into an agreement with the Union setting forth certain terms and conditions of a SAG-AFTRA member's relationship with an agent. Although agents primarily seek out work opportunities for actors, they often do much more.
Franchise Sales Representative responsibilities Perform daily CRM and database management inputting and tracking leads throughout the sales process, managing over 5,000 leads. Manage communications from initial franchising inquiries to successful execution of agreement.
Franchise sales representatives typically become sales consultants after a few years of work experience. Sales consultants help companies find potential clients for their products. They usually hold meetings with these clients at their company's premises, but they may also travel to the client's location for the same.