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A: If you are considering franchising in other states, you need to consider what needs to be done with your franchise disclosure document (FDD). Some states' unique franchise laws may require changes to your FDD, while others make it easy for franchising in other states by having no unique requirements.
A New York franchise lawyer can best explain each state's unique stance on franchising in other states and supply you with the state acts regarding franchise establishment and operation. There is no single answer as to how franchises operate in other states, except that all must follow the Federal Trade Commission's (FTC) Franchise Rule of 2007.
The FTC Franchise Rule establishes the standard protocol for developing an FDD. When franchising in other states, some require registration and filing of your FDD, while others only require filing of the FDD, and some require neither. It's important to research the states where you want to franchise beforehand to familiarize yourself with their individual state laws. This can be a somewhat involved process, but it is necessary to ensure you abide by all trade laws.
The best way to avoid being caught off guard by specific state laws is to research first before franchising in other states. Your New York franchise lawyer can help you become familiar with the types of laws you may encounter and decide on the states best suited for your franchise. In addition, your New York franchise lawyer can help you adapt your FDD when necessary as part of your plan to start franchising in other states.
Contacting a New York Franchise Lawyer
If you are an entrepreneur who is interested in franchising your business there is a lot you need to know, including the significance of evaluating your trademark and how to approach the preparation of your FDD. For a limited time, get New York franchise attorney Charles N. Internicola, Esq's franchise law report to determine whether or not your business is right for franchising. Contact us today at 1-800-976-4904 for more information about Mr. Internicola's franchise law services in New York and how he assists entrepreneurs franchise their business nationwide.
