Start a Franchise in Georgia
Georgia Franchise Registration Status: Non-Registration State
State Registration Fee: $0.00
If you are a Georgia business owner looking to franchise your business or if you are an individual looking to buy a franchise in the State of Georgia, then it is important to understand Franchising including what does it mean to franchise your business and what does it mean to buy a franchise. Georgia is not a franchise registration state so, as to many aspects, franchise regulations and disclosure obligations in the State of Georgia are governed by the Federal Franchise Rule. However the State of Georgia has enacted state specific laws comprised of the Georgia Fair Business Practices Act and the Georgia Franchise Act that regulate franchise relationships in the State of Georgia.
Some factors and information to discuss with a franchise lawyer, includes:
- What Does it Mean to Franchise Your Georgia Business - When you franchise your business you are taking what what has worked in your business (your tradename, products, services and operating know how) and creating a system so that future franchisees - in exchange for paying you a franchise fee and royalties - are granted the right to expand and duplicate your business.
- What Does it Mean to Buy a Franchise in Georgia - Well if you are interested in buying a franchise in Georgia then before you sign any franchise agreement it is important that you conduct due diligence. This due diligence process will involve many business aspects that you should be considering. Also you should consult with an experienced franchise lawyer to review and evaluate the Franchisor's FDD, your franchise agreement and to negotiate substantive changes to protect your rights. Learn more about buying a franchise by ordering a complimentary copy of Mr. Internicola's book "An Entrepreneurs Guide to Buying a Franchise".
Georgia Franchise Law Links and Resources
- Georgia Department of Revenue: www.etax.dor.ga.gov
- Georgia Franchise Act
- Georgia Fair Business Practices Act