What You Need to Know About Franchising
You may come for the sand and sunshine in Florida, but make sure you stay for the small business opportunities! The ‘Sunshine State’ is home to more than 2.5 million small businesses, with the majority of franchises being in the commercial/residential cleaning sector.
Florida is a franchise registration state, though not in a traditional sense. It is considered a notice filing state, which means that it does not have a state examiner review the FDD, but you must submit annual paperwork and pay a $100 fee each year. Florida has enacted the Sale of Business Opportunities Act, which is a business opportunity law that applies to the sale of franchises and requires franchisors to file an annual Franchise Exemption Notice with the Florida Department of Agriculture & Consumer Services.
Florida has the most golf courses of any state in America.
With 87.3 million visitors in 2011 (a record number), Florida is the top travel destination in the world.
State of Florida
Everglades National Park– a UNESCO World Heritage Site – is the only place on the planet where crocodiles and alligators co-exist.
(or potential franchisors)
(franchisees & franchisors)
(or potential franchisees)
Attorneys Who Understand FL Franchise Law
Franchise laws vary from state to state, and it can be difficult to understand the requirements. Spadea Lignana has streamlined the process to ensure you remain compliant as you grow nationally.
Flat Fee Program for Franchisors
Spadea Lignana’s CORE program for franchisors is a cost-effective and practical solution for the ongoing legal needs of franchisors, including but not limited to, FDD updates, state registrations and franchise agreement executions. Through a proprietary cloud-based system we can effectively and efficiently manage FDD Disclosures and Franchise Agreement executions for fair flat fees billed monthly. We believe that hourly billing, although necessary in certain circumstances like complex M&A deals and litigation, can weigh on the relationship between client and attorney. By coming up with a fair flat monthly fee, the uncomfortable negotiating of whether or not a 6 minute increment in your bill for replying to an email was legitimate goes away.