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The franchise agreement should outline the rights and obligations of both the franchisor and the franchisee. The main purpose of this contract is to protect the intellectual property of the franchisor.
As one of several states in the United States that requires registration of franchise offerings, the Minnesota Department of Commerce-Securities Division is responsible for overseeing and helping to maintain the integrity of the franchise community in the State of Minnesota.
From the Finance Act, 1999, one can define a franchise as an agreement that grants the franchisee the right to sell or manufacture goods, provide services, or undertake any process identified with the franchisor, whether or not a trademark, service mark, trade name or logo, is involved.
There are four states that publish FDDs online. .
For franchisors with a federally registered trademark, the Franchise Filing States include: Connecticut, Florida, Kentucky, Nebraska, North Carolina, South Carolina, South Dakota, Texas, and Utah. For franchisors without federally registered trademarks Georgia and Louisiana also require filings.

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The Franchise Registry is where Franchisors ensure that their franchisees get the best loan terms as efficiently as possible. A franchise brand which has a verified Franchise Registry status tells lenders that the franchise knows their risk profile and has received suggestions on how to improve the performance.
At The FDD Store, FDDs can be purchased on a per FDD basis. Once an FDD is purchased, you will be able to download the FDD in its original PDF format directly to your computer. If you want to purchase and download FDDs, click on the button below and you will be redirected to our sister site, The FDDStore.com.
Legal Documents Needed to Start a Franchise The two primary legal documents are the franchise agreement and the franchise disclosure document (FDD). Along with legal documents, the franchisor also provides operating manuals, training programs, marketing initiatives, and other related documents.
Under the Act, no person may offer or sell a franchise by means of any written or oral communication which includes an untrue statement of a material fact or which omits a material fact necessary in order to make the statements made not misleading.
Register Your Business with the State of Rhode Island Gather required information. Name of Company. Get proof of good standing or legal existence. Register your business. Register with the RI Division of Taxation. Confirm your filing.

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