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.
Minnesota Maryland Franchise Registration Application
Category:
State:
Multi-State
Control #:
US-4-05-STP
Format:
Word;
Rich Text
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How to fill out Maryland Franchise Registration Application?
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FAQ
A franchise fee is a fee or charge that one party, known as the franchisee, pays another party, known as the franchisor, for the right to enter in a franchise agreement.
Maryland Franchise Registration and Disclosure Law The FDD with a state cover page. The Franchise Seller Disclosure Form. The Uniform Franchise Registration Application. Consent to Service of Process. The franchisor's costs and sources of funds. Copies of advertising and promotional materials. Consent of accountant.
Every franchisor charges a different fee based on their particular business and the industry they're in. Across all franchises, the average initial fee hovers around $25,000 ? $50,000.
Maryland is one of about 15 states in the United States that requires ?registration? of franchise offerings. Before you offer or sell any franchise in Maryland or to any Maryland residents, you must first register your franchise offering with the Securities Division, Office of the Attorney General.
As one of several states in the United States that requires registration of franchise offerings, the Minnesota Department of Commerce-Securities Division is responsible for overseeing and helping to maintain the integrity of the franchise community in the State of Minnesota.
What are Maryland's FDD Registration and Renewal Fees? The initial FDD registration fee is $500 and the annual FDD renewal fee is $250.