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.
Pennsylvania Illinois Franchise Registration Application
Category:
State:
Multi-State
Control #:
US-4-03-STP
Format:
Word;
Rich Text
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How to fill out Illinois Franchise Registration Application?
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FAQ
These legal documents, along with the operating manuals, staffing, training programs, and marketing initiatives, are your main investments in the franchise system. The two primary documents you'll create are the Franchise Agreement and the Franchise Disclosure Document (FDD).
What are the Steps to Take to Franchise a Business? Determine if franchising is right for your business. Issue your franchise disclosure document. Prepare your operations manual. Register your trademarks. Establish your franchise company. Register and file your FDD. Create your franchise sales strategy and budget.
It's essential to understand what is required by law when starting a franchise system. There are two ?legally required documents you should become very familiar with before ?franchising your business: the Franchise Disclosure Document, and the Franchise Agreement.
Illinois is a franchise registration state and has enacted franchise laws. Under Illinois franchise law, before offering or selling a franchise in the state you must first register your FDD with the Franchise Bureau of the Illinois Attorney General.
Some franchises require franchisees to pay an initial fee, which can range from $10,000 to more than $100,000. Then there are the ongoing marketing and royalty fees, which are often determined by how much money your franchise location makes each month.
Pennsylvania is a non-registration state. In non-registration states there are no state specific franchise laws.
The primary franchising documents needed to create a franchise relationship and franchise your business include: Franchise disclosure document. Franchise agreement. Operations manual. Franchise Registration Applications and Notices. Financial Statements.
The primary franchising documents needed to create a franchise relationship and franchise your business include: Franchise disclosure document. Franchise agreement. Operations manual.