Q & A- Franchise and Trademark Insights

Where can I find free FDDs?

Where can I find free FDDs? There are several state websites that allow the public to access franchise filings free of charge. California  https://docqnet.dfpi.ca.gov/search/  California provides users with access to all documents related to franchise registration, including FDD’s, blacklines, applications, comment letters and approvals. Here are some quick steps to

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What is the 7 day FDD Disclosure Rule?

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 Rule.  The FTC requirement prevents a franchisor from receiving a binding franchise agreement or funds from a prospective franchisee until the prospect has held the

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What is a Unit Franchisee, Area Developer, and Area Representative?

(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 Representative,” saw interchangeable usage until the NASAA drafted a Commentary and guidelines to clarify the distinctions between these franchising programs. A Unit Franchisee owns and

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What is the difference between Franchising and Licensing?

What is the difference between Franchising and Licensing?  We often hear from clients that franchising is too expensive and complex. Instead, they want to license their brand to others for a fee. The difference between a license and a franchise is important to understand when establishing business opportunity relationships. Otherwise,

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What is the 14 day FDD Disclosure Rule?

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 Rule.  This requirement prevents a franchisor from receiving a binding franchise agreement or funds from a prospective franchisee until the prospect has held the FDD

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What are the Franchise Advertising Rules?

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.” In addition, some state require franchise advertising to be filed and reviewed by the state.   What is franchise advertising? Franchise advertising is advertising directed to

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Is it Time to Franchise My Business?

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, Virginia. They love your business concept, so much so that they’re eager to know if they can seize the opportunity to franchise your establishments right

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