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× The Franchise Registration States are states that, in addition to the Federal Franchise Laws, have issued supplemental franchise laws and require franchisors to register their Franchise Disclosure Document (FDD) with a local state regulator before offering or selling a franchise within the state.
Definition of a Franchise in Michigan Laws §445.1502 defines a ?franchise? as a: Contract (the agreement may be express or implied) Granting a franchisee the right to sell or distribute goods or services under a marketing system primarily created by the franchisor.
The steps to franchising your business in Canada include: Create Canadian Franchise Disclosure Document. Include Financial Performance Representations (Item 19) Form a New Entity in Canada or Use U.S. Franchising Entity. Protect Your Trademarks and Intellectual Property. Trademark and Intellectual Property Protection.
What Potential Business Owners Need to Know About Franchise Registration States CategoryStatesFranchise Registration StatesCalifornia, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, Hawaii, Illinois, Indiana, Virginia, Washington, Wisconsin4 more rows
Register / File your FDD ? If a state involved in your franchise sale is a franchise registration state you must file a Uniform Franchise Registration Application with the designated state franchise regulator. You must include with your application a copy of your FDD and payment for the state's registration fee.
Michigan is a Franchise Registration State, but unlike other registration states Michigan does not review the FDD and requires only the filing and registration of a notice.
Michigan is considered a franchise registration state. However, unlike other registration states, Michigan is a ?notice? state and does not review a franchisor's disclosure documents. Michigan charges a $250 fee for registration, which must be done annually.
Rhode Island is a franchise registration state, as it requires franchisors to file the FDD with the Rhode Island Department of Business Regulation, Securities Division.