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.
Montana Minnesota Franchise Registration Application
Category:
State:
Multi-State
Control #:
US-4-07-STP
Format:
Word;
Rich Text
Instant download
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How to fill out Minnesota Franchise Registration Application?
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FAQ
How To Start a Franchise in 8 Steps Research Franchises. You can find franchise opportunities on websites like Franchise Direct. ... Evaluate Opportunities. ... Evaluate Costs. ... Draft a Business Plan. ... Get the Franchise License Agreement. ... Form a Business Entity. ... Choose Your First Business Space. ... Hire Employees.
A franchise is a joint venture between a franchisor and a franchisee. The franchisor is the original business. It sells the right to use its name and idea. The franchisee buys this right to sell the franchisor's goods or services under an existing business model and trademark.
The franchise application is just that ? an application. You are applying to become a franchisee for this franchise company, and it is up to the franchisor to review your application to grant you access to their company.
Franchising is a contractual relationship between a licensor (franchisor) and a licensee (franchisee) that allows the business owner to use the licensor's brand and method of doing business to distribute products or services to consumers.
Montana is classified as a non-registration state, as there are no currently enacted laws requiring franchisors to register with the state as a franchise or business opportunity, or to provide disclosures to franchisees beyond what is already required by the Federal Trade Commission Amended Franchise Rule, 16 C.F.R.
Some of the most successful franchise businesses in the United States include Subway, McDonald's, Pizza Hut, Burger King, and Dunkin' Donuts; but restaurants are not the only kind of franchise businesses available. Some business types are more appropriate for franchising than others.
What to Expect in a Franchise Application. Most franchise applications will ask for detailed personal information, including contact information. It's likely you will also need to provide the territory you are interested in, like the city and state. Plus, the franchise may want to know if you'd be willing to relocate.
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.