Avoid making these mistakes in Item 6 of your Franchise Disclosure Document.
Category: Regulatory Compliance
Avoid Making these Mistakes in Item 2 of your Franchise Disclosure Document
The Franchise Disclosure Document section franchisors most frequently get wrong is Item 2. Avoid making these mistakes in Item 2 of your FDD.
California Department of Business Oversight Announces new E-Filing Portal
The California Department of Business Oversight announced yesterday that it will be launching a new portal that will allow franchisors to electronically file franchise applications and exemption notices with the state.
Franchisors: if you have franchisees in New York, remember to file your annual Information Return
If you have at least one franchisee operating in the state of New York State, you are required to file your annual information return under a state tax law. If you have filed previously, the due date of the annual report is June 20th.
Maryland Issues Registration Guidance for Franchisors
The Maryland Securities Division, which is responsible for enforcing Maryland’s franchise registration and disclosure law, recently announced that it has posted a new publication for franchisors with information about filing renewal and amendment applications.
New York Renews Its Limited Franchise Trade Show Exemption
The State of New York renewed its limited exemption to its Franchise Sales Act (N.Y. Gen. Bus. L. § 680 et. seq.) (the “Act”), which will allow franchisors that are not registered with the State to participate in the International Franchise Exposition under certain circumstances.
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