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.
North Dakota Wisconsin Franchise Registration Application
Category:
State:
Multi-State
Control #:
US-4-15-STP
Format:
Word;
Rich Text
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FAQ
Are franchise disclosure documents public record? Not all FDDs are public record because many franchise companies are privately owned. There is no requirement by the FTC that FDDs are public record. However, some state laws may require that an FDD is filed and registered with the state.
Franchise Disclosure Document (FDD) The FDD is usually offered at a flat fee and can range from $20,000 to $35,000. This is paid to your lawyer.
The Franchise Disclosure Document (FDD) is a legal document that the Federal Trade Commission (FTC) requires franchisors to provide to prospective franchisees before selling a franchise.
Once a franchisor's information is retrieved you are provided with a summary of the franchisor's filings with the state and at the bottom of the "Filings Details" page you are able to download the franchisor's FDD.
Ing to the FTC, franchisors have an obligation to provide the franchisee with the FDD at least 14 days before it needs to be signed or before any initial money is exchanged. The franchisee has a right to a copy of the FDD after the franchisor has received the application and agreed to consider it.
Franchises and Business Opportunities A franchise is one type of business opportunity. In Wisconsin, all three elements - a marketing plan, a trademark association, and a franchise fee - must be present if the business opportunity is to be classified as a franchise.
North Dakota is a franchise registration state. Before you offer or sell a franchise in North Dakota, you must register your Franchise Disclosure Document (FDD) with the North Dakota Securities Department.
All exhibits to the franchise disclosure document must be contained in one PDF document. Only one document can be uploaded. The annual registration filing fee is $400.
