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.
Washington Illinois Franchise Registration Application
Category:
State:
Multi-State
Control #:
US-4-03-STP
Format:
Word;
Rich Text
Instant download
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How to fill out Illinois Franchise Registration Application?
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FAQ
Illinois is a franchise registration state. Before offering or selling a franchise in Illinois, you must first file your franchise disclosure document (FDD) with the Illinois Attorney General's Franchise Bureau.
As you franchise your business you will incur filing fees that are most typically comprised of (a) incorporation fee (typically around $300, depending on the state) paid to the state that you elect to establish your new franchising corporate entity in; (b) USPTO filing fees (typically around $250 per trademark, per ...
Washington State is a Franchise Registration State. The initial FDD filing fee is $600 and the annual renewal fee is $100.
Illinois is a Franchise Registration State. The initial FDD filing fee is $500 and the annual FDD renewal fee is $100.
The Franchise Fee It also typically includes initial training costs and those associated with location development. All franchise fees are at least $500 by law, but most range from $10,000 to $50,000. They of course differ between franchise brands, and even more so between industries.
How much does it cost to start your own franchise? 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.
Buying a franchise can be easier than starting a new business from scratch. However, franchisors (the companies that sell franchises) often charge substantial upfront and ongoing fees. Franchisors also maintain a degree of control over the franchisee's business and how it operates.
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.