How Do You Find State Specific Franchise Laws For Florida?
In the state of Florida, a franchise is defined as a commercial venture involving two or more parties in which one (the franchiser) supplies the other (the franchisee) with a pre-existing business system in exchange for a fee. In order for a business to be considered a franchise under federal law, it must involve using an already established trademark, paying $500 or more in fees during the first six months of business and having a considerable amount of outside involvement in the way it runs its operations. Opening a franchise in Florida is not difficult and there are several protections provided by the state for the franchisee. Know that Florida state specific franchise law is threefold and includes the right of the franchisee to recuperate her total investment in the event that the franchiser violates said law. Realize that Florida franchise law includes specific prohibitions against misrepresenting a franchised business’s likelihood of success, making false statements about the cos
