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Franchise Lawyers Serving South Dakota

What You Need to Know About Franchising

South Dakota

You could call South Dakota’s business opportunities so good that they’re almost presidential. As the home of Mount Rushmore, Badlands National Park, and the newly constructed Crazy Horse Mountain, South Dakota is also home to over 88,000 small businesses.

It isn’t the easiest to become a business owner in the Mount Rushmore State, though. Classified as a notice filing state, franchisors are required to file a notice that includes a copy of the franchisor’s FDD with the state.  The initial fee is $250 and the renewal fee is $150.

Franchise Lawyers Serving South Dakota
Did You Know?

South Dakota has more shoreline than Florida.

Jellystone Sioux Falls

The Crazy Horse Mountain carving will be the largest sculpture in the world.

Jellystone Sioux Falls

South Dakota’s number one industry is agriculture, thanks to its fertile soil. Common crops include corn, wheat, soybeans, and sunflowers, which are grown for their seeds.

Kids National Geographic

Attorneys Who Understand SD 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.

We also work with franchisors all over the midwest including North Dakota, Wyoming, and Minnesota.

CORE

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.

Start With a Free Consultation

Questions?

If you’re not sure where to start, we can help! Start by reaching out to our experienced team of franchise lawyers for a free consultation.

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We are proud members of

Spadea Law - Member of IFA  Spadea Law - Member of IFPG  ABA Spadea Law - Member of PFA Spadea Law - Member of Mid-Atlantic Business Brokers Association FBA  FranServe Top Franchise Suppliers 2022