New Jersey New York Franchise Sales Agent Statement

State:
Multi-State
Control #:
US-4-16-2-STP
Format:
Word; 
Rich Text
Instant download

Description

This form requests certain information with regard to each corporate officer, director, partner, or other principal of the franchise sales agent. The form also contains a supplemental franchise sales agent statement which is to be used when reporting a change of corporate officers, directors, or other principals of the franchise sales agent.
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FAQ

New York is a Franchise Registration State. The initial FDD filing fee is $750 and the annual renewal fee is $150.

Franchise sales representatives typically become sales consultants after a few years of work experience. Sales consultants help companies find potential clients for their products. They usually hold meetings with these clients at their company's premises, but they may also travel to the client's location for the same.

The FDD outlines comprehensive information about the roles of both parties involved in the franchise?the franchisor and the franchisee?and is designed to enable the potential franchisee to make an honest and informed decision about their investment into the business.

Franchise sales brokers are engaged as independent sales agents to solicit a franchise purchase and are paid a commission. They may also be called coaches, consultants, agents and representatives. They may work under the same roof as the franchisor but are not employees of the franchisor.

Franchise sales agent means a person who directly or indirectly engages in the offer or sale of any franchise on behalf of another. Franchisors, subfranchisors, and their employees are not to be considered franchise sales agents.

Before you invest in any franchise, get a copy of the franchisor's Franchise Disclosure Document (FDD). Under the Franchise Rule enforced by the FTC, you must receive the document at least 14 days before you are asked to sign any contract or pay any money to the franchisor or an affiliate of the franchisor.

A franchised agent is someone who has entered into an agreement with the Union setting forth certain terms and conditions of a SAG-AFTRA member's relationship with an agent. Although agents primarily seek out work opportunities for actors, they often do much more.

Franchise Sales Representative responsibilities Perform daily CRM and database management inputting and tracking leads throughout the sales process, managing over 5,000 leads. Manage communications from initial franchising inquiries to successful execution of agreement.

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New Jersey New York Franchise Sales Agent Statement