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States that require the filing of a notice or exemption request with a state administrator but not the registration or filing of a FDD are known as franchise filing states. States that require neither registration nor a filing are typically referred to as non-registration states.
The following are the steps to franchise your business:Determine if Franchising is Right for Your Business.Franchise Disclosure Document.Operations Manual.Register Your Trademarks.Establish Your Franchise Company.Register and File Your FDD.Create Your Franchise Sales Strategy and Set a Budget.
New York Franchise Law New York is a franchise registration state. Before you offer or sell a franchise in New York you must first file and register your FDD with the Investor Protection Bureau of the New York Attorney General. The initial New York FDD filing fee is $750 and the annual renewal fee is $150.
The documents to franchise your business include the franchise disclosure document (FDD), franchise agreement, operations manual, financial statements, and state specific registration applications.
New York Franchise LawNew York is a franchise registration state. Before you offer or sell a franchise in New York you must first file and register your FDD with the Investor Protection Bureau of the New York Attorney General. The initial New York FDD filing fee is $750 and the annual renewal fee is $150.