Rotate Legal Washington Franchise Forms For Free

Well-known corporate franchisors include Hertz (HTZ), Marriott International (MAR), McDonald's (MCD), and Subway (privately held). Becoming a franchisor is generally a good business alternative, especially for large, already successful companies, though there are both advantages and disadvantages.

The large franchisee exemption is available to franchisors when potential franchisees have strong bargaining positions. Potential franchisees must have a net worth of $5 million and must be ?accredited investors.? Wash.

Franchise seller means a person that offers for sale, sells, or arranges for the sale of a franchise. It includes the franchisor and the franchisor's employees, representatives, agents, subfranchisors, and third-party brokers who are involved in franchise sales activities.

A franchisor is the company that sells the right to open stores and sell products or services using their brand. The franchisee typically pays an initial fee and ongoing royalties to use the franchisor's brand or tradename along with their business system.

Washington State is a franchise registration state. Before offering or selling a franchise in Washington, you must register your FDD with the Securities Division of the Washington State Department of Financial Institutions. The initial filing fee is $600 and the renewal fee is $100.

Introduction. A franchise owner contracts with a company to sell that company's products or services. After paying an initial fee and agreeing to pay the company a certain percentage of revenue, the franchise owner can use the company's name, logo, and guidance.