This document may be used to register an offer and sale of franchises or to register a renewal statement or annual report. The document also contains a certification statement.
Michigan Illinois Franchise Registration Application
Category:
State:
Multi-State
Control #:
US-4-03-STP
Format:
Word;
Rich Text
Instant download
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How to fill out Illinois Franchise Registration Application?
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FAQ
Michigan is a Franchise Registration State, but unlike other registration states Michigan does not review the FDD and requires only the filing and registration of a notice. Michigan Franchise Law and FDD Registration franchiselawsolutions.com ? franchising ? m... franchiselawsolutions.com ? franchising ? m...
The Franchise Fee It also typically includes initial training costs and those associated with location development. All franchise fees are at least $500 by law, but most range from $10,000 to $50,000. They of course differ between franchise brands, and even more so between industries.
Illinois is a Franchise Registration State. The initial FDD filing fee is $500 and the annual FDD renewal fee is $100.
How much does it cost to start your own franchise? Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.
A $500 fee When registration is required, franchisors must pay a $500 fee and submit the FDD with a franchise registration application form, sales agent disclosure forms, an auditor's consent, a service of process form, and certain other required documents to the Illinois Franchise Bureau (500 S. Illinois Franchise Law and Registration Franchise.Law ? illinois-state-laws Franchise.Law ? illinois-state-laws
In order to register your franchise in Michigan, you must submit an annual Notice of Intent, along with a check for $250 made payable to the State of Michigan. These documents are submitted to the Michigan Department of the Attorney General. Michigan Franchise Laws & Registration Status - Drumm Law drummlaw.com ? michigan drummlaw.com ? michigan
Illinois is a franchise registration state. Before offering or selling a franchise in Illinois, you must first file your franchise disclosure document (FDD) with the Illinois Attorney General's Franchise Bureau.