Documents Required For Franchise Agreement In Utah - International Distributorship Agreement Between US Manufacturer and Foreign Distributor

State:
Multi-State
Control #:
US-0012BG
Format:
Word
Instant download

Description

A distributor is an entity that buys noncompeting products or product lines, warehouses them, and resells them to retailers or direct to the end users or customers. Most distributors provide strong manpower and cash support to the supplier or manufacturer's promotional efforts. They usually also provide a range of services (such as product information, estimates, technical support, after-sales services, credit) to their customers.

A manufacturer is an entity that makes a good through a process involving raw materials, components, or assemblies, usually on a large scale with different operations divided among different workers. Commonly used interchangeably with producer.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
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FAQ

A comprehensive franchise agreement template should cover: Parties involved. Grant of franchise. Financial provisions. Brand and operational guidelines. Training and support. Marketing and advertising. Duration, Renewal, and termination. Dispute resolution.

Where Do I File My Utah Notice of Exemption? Franchisors with a valid and current FDD must file a Notice of Exemption with the Division of Consumer Protection. This filing must be made online only as Utah no longer accepts paper franchise filings. The Division's phone number is (801) 530-6601.

What: The agreement should include a detailed description of the business operation and any relevant metrics. Requirements set by the franchisor—including how the property is to be maintained, how much insurance must be carried, how records must be kept, what hours the business must be open should all be detailed.

The Franchise Disclosure Document (FDD) is a legal document that the Federal Trade Commission (FTC) requires franchisors to provide to prospective franchisees before selling a franchise.

Questions to ask former and current franchisees Understand what it means to be a franchisee. Find out if current franchisees are successful. Understand if former franchisees were successful. Find out if franchisees feel supported by the franchisor. Learn about the pros and cons of the franchise.

A disclosure document – tells the franchisee important information about the franchisor and franchised business.

The disclosure document helps potential franchisees make an informed decision about the franchise. Disclosure documents must be in the same format and have the information in Annexure 1 of the Franchising Code. Certain information must be in the disclosure document.

The State of Utah is a franchise filing state and not a franchise registration state. Before offering or selling a franchise in Utah, you must file a "Notice of Exemption" with the Utah Division of Consumer Protection. Your exemption notice must be renewed annually.

Most on- and off-road vehicles, boats, aircraft, and commercial vehicles must be registered to operate in Utah. Different requirements, fees, and taxes apply, depending on your vehicle type and other factors. Consult the menu at left for an overview of the Utah vehicle registration process.

More info

The terms of your franchise agreement will govern how you run your business, any fees you pay, and your rights. Before offering or selling a franchise in Utah, you must file a "Notice of Exemption" with the Utah Division of Consumer Protection.Log into your corporate account at tap.utah. Gov and click "Request waiver, payment plan or payment plan email. Before selling a franchise, the franchisor is required to disclose information about the franchisor and the franchise system. 13-35-202 Sale or transfer of ownership. (1). (a) The franchisor shall give effect to the change in a franchise agreement as a result of an event. The federal government's Franchise Rule requires franchisors to give any potential franchisee a disclosure document. Business Entity Formations. We create business entities, such as limited liability companies and corporations, for our franchise and business clients.

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Documents Required For Franchise Agreement In Utah