Utah 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.

The Utah New York Franchise Sales Agent Statement is a comprehensive document that outlines the various details, roles, and responsibilities associated with being a franchise sales agent in Utah and New York. This statement serves as a guide for individuals interested in joining the franchise sales industry and provides valuable information about the legal requirements, qualifications, and procedures involved in becoming a certified sales agent. Keywords: Utah, New York, franchise sales agent, statement, legal requirements, qualifications, procedures, industry. Different types of Utah New York Franchise Sales Agent Statements may include: 1. Utah Franchise Sales Agent Statement: This type of statement specifically focuses on the legal and procedural aspects of becoming a franchise sales agent in Utah. It outlines the state-specific requirements, licensing procedures, and mandatory certifications necessary to ensure compliance with local regulations. 2. New York Franchise Sales Agent Statement: This statement is tailored to individuals interested in pursuing a career as a franchise sales agent in New York. It elaborates on the unique regulations, licensing requirements, and registration procedures specific to the state. 3. Comparative Utah New York Franchise Sales Agent Statement: This type of statement highlights the similarities and differences between the franchise sales agent requirements in Utah and New York. It provides insights into the contrasting legal frameworks, training programs, and certifications needed to operate as a franchise sales agent in each state.

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FAQ

Put simply, a franchise is the right or licence granted by a company (franchisor) to an individual (franchisee) to market and/or trade products and services in a specific area or territory.

New York considers a ?franchise? to exist in either of two circumstances: (i) where a franchisee, in return for a ?franchise fee?, is granted the right to sell goods or services under a marketing plan or system prescribed in substantial part by the franchisor, or (ii) where a franchisee, in return for a ?franchise fee? ... What is a franchise? | Kaufmann Gildin & Robbins LLP | New York ... kaufmanngildin.com ? articles ? what-is-a-fr... kaufmanngildin.com ? articles ? what-is-a-fr...

A franchise enables you, the investor or franchisee, to operate a business. You pay a franchise fee and you get a format or system developed by the company (franchisor), the right to use the franchisor's name for a specific number of years and assistance.

The New York Franchise Sales Act makes franchisors liable to franchisees if they sell their business property in violation of the requirements, so getting everything legally correct from the beginning could smooth the process and maximize your potential profits. New York Franchise Law and Registration Franchise.Law ? new-york-state-laws Franchise.Law ? new-york-state-laws

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.

New York is a franchise registration state. Before you offer or sell a franchise in New York you must first file and register your FDD with the Investor Protection Bureau of the New York Attorney General. The initial New York FDD filing fee is $750 and the annual renewal fee is $150.

More info

This form requests certain information with regard to each corporate officer, director, partner, or other principal of the franchise sales agent. Franchisors must provide a recent financial statement that conforms to current regulations established by the agency. In addition, franchisors must supply ...Each sales agent offering or selling franchises in New York must file a Franchise Sales Agent. Statement with the New York State Department of Law. Every ... offer for sale or sale of a franchise shall file a Sales Agent Disclosure Form (UFRA-E) with the New York State Department of Law. Guarantee of Performance form--This form should be completed only when the financial statements included are pursuant to Item 21 (B) of New York's Franchise ... Jun 13, 2012 — Must a franchisor be registered in a state before engaging in media advertising or other activities that promote the availability of franchises ... May 17, 2022 — The purpose of these new cover sheets is to provide prospective franchisees with clearer direction as how to use the FDD and more general ... Mar 1, 2022 — For example, you must include the name of each franchisee and the gross sales in New York State for each franchise location as reported to you. This disclosure document (“Disclosure Document”) summarizes certain provisions of your franchise agreement and other information in plain English. Read this ... We will help you fill out our questionnaires designed to collect information about you and your officers, management employees and franchise sales agents and ...

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Utah New York Franchise Sales Agent Statement