Franchise Document Templates

You have decided to franchise your business and like most business owners you want to get it done quickly, easily and for as little money as possible. You start researching how to franchise your business online and stumble across franchise document templates for sale. Franchise document templates are generic, one-size-fits-all boilerplate documents that you can…

Franchising is Regulated to Keep You Honest

Any change you make, every move you make, they will be watching you. Sound like a song? Well it is, but we are referring to franchising, specifically if you choose to franchise your business and what it will look like in the future because franchising is regulated. That’s right, it doesn’t stop just because you…

Creating Franchise Friendly Documents

The requirement when franchising your business is to have a set of documents that layout in a particular format your obligations and responsibilities to a franchisee. The reason behind having franchise documents is so that there is transparency of your franchising company and well-defined expectations. In order to meet regulatory requirements when creating such franchise…

Difference between Updating and Renewing Franchise Documents

When it comes to the topic of franchising you may be aware that before you can start selling franchises you need a set of franchise documents. These franchise documents are required by the Federal Trade Commission (“FTC”), prepared according to their guidelines and approved before you can offer franchises. Your franchise documents must be put…

What are the Elements of a Franchise Disclosure Document?

You are looking to franchise your business and realize you need a Franchise Disclosure Document. Then you ask yourself, “What is the Franchise Disclosure Document and what are the elements of a Franchise Disclosure Document?” Let’s shed some light on these things now. The Federal Trade Commission (FTC) regulates franchising so there is transparency between…

Franchise Documents: Can I Just Switch Out My Name?

Recently, a business owner contacted us and revealed that he had obtained his competitor’s franchise documents (though he didn’t say how). He had a question he wanted to ask about “copying your competitor”.  Here’s how the conversation started out: “I found an old version of my competitor’s franchise documents. My business is virtually the same….