Prior to preparing the disclosure documentation, we will analyze
the current business and determine if the franchisor is prepared
to proceed. If not, we assist our client in reaching that
level. Some of the services which we provide with regard to
this matter include the preparation and filing of the necessary
documentation to effect the franchisor's incorporation; preparation
and filing of the necessary documentation to receive the federal
tax identification number; procuring the corporate book, seal
and stock certificates; and preparing and filing the documentation
necessary to obtain corporate federal trade name registration.
Once the franchisor is prepared to proceed with franchising
the business, we provide our client with easy step-by-step
worksheets, which we use to prepare all of the disclosure
documents required by and in accordance with the Federal Trade
Commission, including but not limited to the Uniform Franchise
Offering Circular (UFOC), the Franchise Agreement, Territory
Development Agreements, and the Exhibits to both the UFOC
and the Franchise Agreement. If necessary, we also prepare
and file any state franchise registration documentation.
For the client who requires a more "hands-on" approach,
we also review and assist in the preparation of the Operations
Manual(s) and business plans and in pursuing financing strategies.
Upon request, we provide our clients with assistance in negotiating
with potential franchisees and their legal counsel, preparing
and sending disclosure packages to potential franchisees,
reviewing and negotiating real property leases, reviewing
potential/current franchisee corporate documentation to ensure
compliance with the Franchise System; assisting in the notification
and file update with regard to the franchisee's annual obligations
(such as minimum insurance requirements and corporate resolutions),
reviewing statutory regulations and judicial decisions to
determine their affect on the Franchise System and each of
the franchise documents, and updating the franchise disclosure
package accordingly.
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