Legal Resources/ Q&A
Practical answers to common legal questions about franchising, franchise compliance, and protecting your trademarks.
Can Franchisors Tell Franchisees What Prices to Charge? Many franchisors ponder whether they can set franchisee’s prices, and for good reason. Your franchisees’ prices for
Where can I find free FDDs? There are several state websites that allow the public to access franchise filings free of charge. NASAA www.nasaaefd.org Multiple
What is the 7 day FDD disclosure rule? The 7-day FDD disclosure rule or waiting period is part of the Federal Trade Commission (FTC) Franchise
Does a franchisor need to set up a new entity when starting to franchise? Yes, we recommend that future franchisors set up a new franchising
(757) 263-4596 I have heard the terms Unit Franchisee, Area Developer, and Area Representative. What is the difference? These terms, especially “Area Developer” and “Area
What is the difference between Franchising and Business Licensing? We often hear from clients that franchising is too expensive and complex. Instead, they want to
What is the 14 day FDD disclosure rule? The 14-day FDD disclosure rule or waiting period is part of the Federal Trade Commission (FTC) Franchise
What are the regulations regarding franchise advertising? Most states with franchise advertising laws prohibit direct or inferred statements that investment in a franchise is “safe.”
How long will it take to receive a trademark registration? The timing of trademark registration filed with the United States Patent and Trademark Office (“USPTO”)
How do you know when your business is ready to franchise? Picture this: one of your customers excitedly tells you that they’re relocating to Richmond,
