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.
Virgin Islands Rhode Island Franchise Registration Application
Category:
State:
Multi-State
Control #:
US-4-10-STP
Format:
Word;
Rich Text
Instant download
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How to fill out Rhode Island Franchise Registration Application?
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Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise. Franchise Startup Costs - ADP adp.com ? articles-and-insights ? articles ? fr... adp.com ? articles-and-insights ? articles ? fr...
What Potential Business Owners Need to Know About Franchise Registration States CategoryStatesFranchise Registration StatesCalifornia, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, Hawaii, Illinois, Indiana, Virginia, Washington, Wisconsin4 more rows
Register / File your FDD ? If a state involved in your franchise sale is a franchise registration state you must file a Uniform Franchise Registration Application with the designated state franchise regulator. You must include with your application a copy of your FDD and payment for the state's registration fee.
One of the critical directives in federal law is that a franchisor must provide prospective franchisees an appropriate franchise disclosure document (a ?FDD?) at least 14-days before entering into a franchise agreement for the sale of a franchise or accepting any payment connected with the franchise sale. Franchising a Business in the United States - Franchise.Law Franchise.Law ? state-franchise-laws Franchise.Law ? state-franchise-laws
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.
Franchisors must submit an initial registration fee of $600. The fee for a post-effective amendment is $120.
The franchise disclosure document (FDD) disclosure and waiting period is 14 days from the date the the FDD is delivered to a prospective franchisee and the FDD receipt page is signed.
Look for keywords like "franchise" or "become an owner." Additionally, online business directories can be a great resource for finding out if a brand is a franchise or not. A second key indicator for identifying franchises is the Franchise Disclosure Document (FDD).
× The Franchise Registration States are states that, in addition to the Federal Franchise Laws, have issued supplemental franchise laws and require franchisors to register their Franchise Disclosure Document (FDD) with a local state regulator before offering or selling a franchise within the state.