What You Need to Know About Franchising
Big dreams are built in Indiana. This state is literally the bedrock of architecture and industry. It has the largest limestone deposit on the planet, which helped erect the Empire State Building, the Pentagon, 14 State Capitol buildings, and many buildings in Washington, D.C.
Indiana is a franchise registration state. In order to offer or sell a franchise in Indiana, a franchisor must register the franchise offering with the Indiana Secretary of State, Securities Division (“Division”). The initial FDD registration fee in Indiana is $500 and the FDD renewal fee is $250.
Indiana business law has a Flow through Entity, which means an LLC will not be subjected to corporate income tax.
90% of the world’s popcorn comes from Indiana.
99.4% of the businesses in Indiana are small businesses.
(or potential franchisors)
(franchisees & franchisors)
(or potential franchisees)
Attorneys Who Understand IN 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.