Tennessee Franchise Registration Status: Non-Registration State
State Registration Fee: $0.00
Franchising is a proven business model that can assist with the development and expansion of a business. If you are considering franchising a business in Tennessee or if you are already a franchisor and are looking to expand your franchise concept to Tennessee it is important to know what the franchise laws and requirements are.
There are three types of states when it comes to franchising in the U.S. The first type is a registration state. Registration states require that the franchisor register their franchise disclosure document along with other items with the state and, in most cases, wait for approval from the state prior to offering or selling franchises. The second type of state is a filing state. Filing states are generally states that have a business opportunity law in place. Depending on the state the franchisor will need to file for an exemption or submit documents to the state regarding the franchise so the state can have them on file. The third type of state is a non-registration state. Non-registration states do not have franchise laws or business opportunity laws that require the franchisor to register, file or give notice to the state prior to selling or offering a franchise in the state. Tennessee falls into the third category as a non-registration state.
Tennessee, and all other states, regardless of state registration requirements, still need to follow and abide by federal franchise laws. The Federal Trade Commission requires franchisors to maintain a franchise disclosure document (“FDD”). An FDD is a document that contains information about the franchise and it’s franchisor(s) and must be disclosed to a buyer no less than 14 days prior to the sale of a franchise according to federal laws.
If you are a successful Tennessee business and you want to franchise your business then it is critical to seek for an experienced franchise lawyer who will work with you and evaluate your business (to see if your business is franchisible) and, if franchising is right for you, he or she will develop an extensive franchise program, including the preparation of your FDD, the preparation of your Franchise Agreements and the registration of your franchise offering. If you are already a franchisor and are looking to expand your franchise in Tennessee or any other state a franchise lawyer will be able to help ensure that you are in compliance with state and federal franchise laws and will assist in registering and filing paperwork in the appropriate states.
For additional information on state franchise laws and registration requirements, visit our State Franchise Registration Law page. If you would like to learn more our franchise compliance program for franchisors, visit our Franchise Counsel Program page.
In this guide you’ll learn the basics of franchising, how to franchise your business, and how to win at franchising. We’ll also take a deeper dive into legal requirements for franchising and why they matter, steps to take before and after you launch your franchise, and even some tips on... read more
When considering expanding a business both franchising and licensing are possible options. In this guide, you'll learn the differences of franchising and licensing and understand how each will affect you. read more
Are you a successful business owner? Are you looking for ways to expand your business? If so, this article will provide the answers you need to decide whether franchising your business is the right step for you. In short, franchising allows you, the franchisor, to create a relationship among several... read more
Under federal law, prior offering or selling a franchise in any state, franchisors are required to disclose a franchise disclosure document (FDD) to their prospective franchisees. In addition to federal law certain states, including the franchise registration states, require that franchisors register their FDD with the state. The legal documentation... read more
Franchising may be the next big step for your business and represents an opportunity to grow your brand. So, how do you know if franchising is right for you? How do you know if your business is franchisable and, if it is, whether or not you should franchise your business?... read more
Key strategies to accelerate franchise growth for startup and emerging franchisors In this webinar, franchise attorney Charles Internicola and Nick Powills, founder of No Limit Agency and 1851 Franchise, discuss key strategies to accelerate franchise growth through PR and digital media. Some topics include: Steps franchisors should take when it... read more
One of the biggest issues for emerging franchisors is not having a plan for insurance and system-wide protection. What do emerging brands need to know when they're starting off, who should they rely on, and how can they plan ahead? Get an insurance game plan to protect your franchise system... read more
Key strategies for developing the right logo & trade dress to drive franchise growth with branding and design expert Dan Antonelli. Dan is the author of ‘Building a Big Small Business Brand’ and is the creative director of the branding firm KickCharge Creative. Learn how to drive franchise growth and... read more
With services to make your growth strategy simple, cost effective, and with a team excited to help you, let’s talk about how we can help grow your business.
Fill out the following form and we’ll contact you as soon as possible. To reach our team directly, give us a call at (800) 976-4904.
An attorney client relationship is not established by submitting this initial contact information.