What You Need to Know About Franchising
Did you know the name Vermont comes from the French “vert mont,” or, “green mountain?” It’s green of a different sort that attracts hundreds of franchises to this verdant state.
Being a non-registration state, Vermont has fewer hoops to jump through to set up a franchise opportunity in the state, though franchisors still must follow federal franchising laws.
Franchises in Vermont create more than 11,000 jobs.
(FranchiseEconomy.com)
8.9% of Vermont franchises are fitness centers.
(Franchise.org)
78% of Vermont voters think franchises help the local economy.
(FranchiseEconomy.com)
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.
Attorneys Who Understand VT 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 franchise systems in New Hampshire, Connecticut, Massachusetts, Pennsylvania, New York, and New Jersey.
