Individual franchise agreement
Topfranchise will prepare and submit to the client's lawyer a franchise agreement defining the contractual relationship between the franchisor and the franchisee for review and approval. This agreement will be developed in conjunction with material derived from the analysis and recommendations of the Topfranchise program. This document will be based on current industry practice and recent developments in franchise law.
Topfranchise will prepare and submit to Client's lawyers a disclosure document required by the FTC and government regulatory agencies for review and approval. This document will contain the necessary information, organized in the format specified by the U.F.D.D. directives.
Topfranchise will make the franchise agreement in accordance with the laws of your country.
Registration and formalization of a franchise
After the client's attorney approves the final drafts of the franchise agreement and disclosure document, Topfranchise will prepare the franchise registration statements required by various government regulators. Applications will be based on the information provided to Topfranchise by the client and will be submitted to the client's lawyer for review and approval. These applications include materials such as a single franchise registration application, an additional information form, a seller disclosure form, a single service agreement and a corporate confirmation and certification page, copies of promotional materials and a disclosure document. Applications will be prepared and processed for registration and/or filing in the next stages of franchise registration.
Each franchise must have a franchise agreement that details the offer made to the franchisee. In addition, the Federal Trade Commission requires franchisors to provide potential franchisors with a disclosure document that provides details of the franchise company and its executives. If the franchisor is registered in a state that requires franchises to be registered (23 states do), or if the franchises must be sold in the state in which they are registered, then government applications must be prepared and sent to those states. (Different states have different filing requirements).