This form is a franchise registration renewal questionnare. The form contains sections concerning the franchisor, business experience, and litigation.
Montana Franchise Registration Renewal Questionnaire
Category:
State:
Multi-State
Control #:
US-1-03-STP
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Franchise Registration Renewal Questionnaire?
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FAQ
Federal Franchise Registration Requirements The federal Franchise Rule does not require that a franchisor register or file its FDD with any specific federal agency, including the FTC.
Some of the more common services that franchisors provide to franchisees include: A recognized brand name, Site selection and site development assistance, Training for you and your management team, Research and development of new products and services, Headquarters and field support,
Investigating a Franchise Opportunity: 6 Key Steps Reach out for general information. Kick things off over the phone or through the company's online contact form if they offer one. ... The franchise disclosure document. ... Evaluate the franchisor. ... Talking to franchisees. ... Meet the franchisor at Discovery Day. ... Make a decision.
You also may have to pay for operating licenses and insurance and a ?grand opening? fee to the franchisor to promote your new outlet. You may have to pay the franchisor royalties based on a percentage of your weekly or monthly gross income.
Typically a franchisor will supply a complete marketing and advertising plan for the new business that covers at least the first three months of operation. It will specify the timing, sequence, and content of promotional material, and costs for every action outlined in the plan.
Capital Investment: Establishing a franchise requires a large investment of both time and money. At a minimum, a franchisor should plan to spend on business development, a flagship store, legal document preparation, marketing, and packaging plans, and recruiting and training franchisees.
You need sufficient starting capital to purchase or lease space for your business, acquire equipment and starting inventory, obtain necessary business licenses and insurance, and hire and train staff. Start your business with a built in support structure. Franchisors would like to see their franchisees to succeed.
Capital Investment: Establishing a franchise requires a large investment of both time and money. At a minimum, a franchisor should plan to spend on business development, a flagship store, legal document preparation, marketing, and packaging plans, and recruiting and training franchisees.
