Illinois is a franchise registration state. Before offering or selling a franchise in Illinois, you must first file your franchise disclosure document (FDD) with the Illinois Attorney General's Franchise Bureau. The Franchise Bureau is responsible for overseeing the FDD registration process as well as enforcing Illinois franchise laws. Read the full article here: https://www.oflaherty-law.com/learn-about-law/recent-changes-to-illinois-franchise-laws-2021
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In this video, we discuss Illinois #FranchiseLaws that may affect you in the year 2021, including: In Illinois, who regulates franchises?; What Should I Include in my application for #FDDregistration?; What are the Illinois FDD registration and Renewal Fees?; Where send the FDD registration application be sent?; How long does it take to get an #FDDlicense?; What types of franchise transactions in Illinois need FDD registration?; and Financial Assurance Registration Requirements in Illinois