West Virginia Franchise Registration Status: Non-Registration State
State Registration Fee: $0.00
The state of West Virginia is considered a non-registration state. When it comes to franchising states are generally broken down into registration, non-registration and filing states. With West Virginia being a non-registration state it means that there are no special franchise requirements that must be completed prior to being able to offer or sell a franchise in the state of West Virginia. Sometimes when there aren’t franchise registration laws enacted in a state there may be business opportunity laws that the franchise business falls under. This is not the case with West Virginia. West Virginia does not have a business opportunity law in effect.
Franchisors selling franchise locations in West Virginia, or any state, still must comply with the Federal Trade Commission laws for franchises. The federal franchise laws in place are created to protect the franchisor and the franchisee, especially during the transaction process. The FTC’s Franchise Rule requires that a franchisor disclose anyone interested in purchasing a franchise with an up to date copy of the franchise’s Franchise Disclosure Document, also known as an FDD. Once the buyer has received a copy of the Franchise Disclosure Document there must be a minimum of a 14 day wait prior to completing the sale of the franchise. It is important to continuously remain in compliance with the federal franchise laws regardless of what state you are franchising in.
The Franchise Disclosure Document is used as a means of disclosing prospects of various aspects of your franchise prior to purchasing. This document is a thick document that contains information on a wide array of topics about your franchise. Topics include disclosure about persons who own the business, financial information, a break down of franchise costs, territory information and much more. It is important that this document be accurate and that the information be kept current.
When franchising your business or expanding your franchise into a new state it is important to be in compliance with federal franchise laws and, if applicable, state franchise laws. Documents must be filed correctly and be updated to ensure the disclosure information reflect that of the franchise’s current state. To learn about our Franchise Counsel Program which offers a wide range of services to franchisors including Franchise Assessment and Planning, FDD Maintenance and Improvement, Franchise Compliance, Marketing and much more, visit our Franchise Counsel Program page or call us directly at 1-800-976-4904.
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.