Posts Tagged FDD

Zors, Zees and other Franchising Lingo

Posted on August 27, 2009 by Lizette Pirtle

All communities, industries, and companies have their own lingo made up of unique words, terms, acronyms and expressions which are generally understood only by those belonging or related to these organizations. Understanding the language makes us part of the team; and from this perspective jargon can have powerful uniting qualities, but it also can separate us from the rest of [...]

  • Share/Bookmark
Continue Reading

Franchising: what is it, really?

Posted on July 7, 2009 by Lizette Pirtle

The Federal Trade Commission has created criteria to determine whether or not a business meets the definition of a franchise under their Franchise Rule. They basically look at three factors: granting of trademarks, control over the new location or training provided, and payment of funds. To know whether your business is or will be deemed [...]

  • Share/Bookmark
Continue Reading

Franchise Offerings Using the Internet

Posted on February 3, 2009 by Lizette Pirtle

When offering franchise opportunities using the Internet one must comply with state regulations requiring the posting of a disclaimer that specifically lists the states in which the company is NOT allowed to offer franchises. These regulations can be summarized as follows: 1.   If a franchise company has a current FDD (Franchise Disclosure Document) and has a federal [...]

  • Share/Bookmark
Continue Reading

Franchising – Federal (FDD) vs State Registrations

Posted on February 2, 2009 by Lizette Pirtle

Franchising a business is not an inexpensive endeavour. One of the major contributors to its cost is the legal compliance required when franchising a business.  The Franchise Disclosure Document (FDD) which replaced the Uniform Franchise Offering Circular (UFOC) in July 2008 must follow the guidelines of the Federal Trade Commission. The FDD is a lengthy document that [...]

  • Share/Bookmark
Continue Reading
  •  
  •