This form provides that a certain company is the owner of proprietary rights and interests in and to the "ABC" name and other trademarks which the company may authorize or direct the franchisee to use in connection with the franchised business. The company grants to the franchisee a license to use and display certain trademarks for the operation of one restaurant at the location described in the terms of the agreement.
Rhode Island Unit Franchise Agreement
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How to fill out Unit Franchise Agreement?
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The fee for a post-effective amendment is $120. On the Department website, franchisors can access required forms including the Application for Franchise Registration, Consent to Service of Process, Franchise Seller Disclosure Form, and Guarantee of Performance.
Rhode Island is a franchise registration state, as it requires franchisors to file the FDD with the Rhode Island Department of Business Regulation, Securities Division.
14-Day Disclosure Period ? Under the FTC's Federal Franchise Rule, you must disclose your FDD to a prospective franchisee no less than 14 calendar days prior to the franchisee signing any agreement with you or your affiliate or paying any fee to you or your affiliate.
The Franchise Rule requires the pre-sale disclosure of material information to prospective franchisees about the franchisor, the franchised business, and the terms and conditions that govern the franchise relationship.
South Dakota is a franchise registration state. So, you must file your FDD with the Division of Insurance and Securities Regulation of the South Dakota Department of Labor and Regulation prior to offering or selling franchises in the state.
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.
California is a franchise registration state. So, you must register your FDD with the California Department of Financial Protection and Innovation (DFPI) prior to offering or selling franchises in California. California charges initial franchise registrants a $675 fee.