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…

When Establishing a Franchise is it State Specific?

You built your business to franchise.  Yep you want to scale it nationwide, so what are some important things to know when establishing a franchise and how to make it effective nationwide. Franchising is regulated by the Federal Trade Commission in an effort to protect franchisees against fraud. This is why franchising is considered a safer investment…

Franchise Registration: Some States Are Tougher

As you know, the Federal Trade Commission regulates the franchise industry. The required set of disclosures required by the FTC to offer the sale of franchises are collectively known as the Franchise Disclosure Document or “FDD” and these Federal guidelines were last revised May 07. Once the FDD has been drafted and reviewed by a…