Complying with Federal Regulations for Franchises
Order ID:89JHGSJE83839 Style:APA/MLA/Harvard/Chicago Pages:5-10 Instructions:
Complying with Federal Regulations for Franchises
Part 2
9.4 Assignment Complying with Federal Regulations for Franchises
You have operated one of your property sites as a prototype for the Franchise Operation. The properties are all in upscale locations that support the Restaurant’s thematic Desert profile.
This new site has test-marketed the Franchise concept with the patented dessert brand, “Brain Freeze,” that savory specialty formulated dessert treat created by Sally.
The desert has become so popular that many customers have requested extra take-home orders. A substantial number of patrons have even asked if the dessert would ever be sold separately in markets. The dessert menu has a strong sales position in overall restaurant sales and generated a cash flow that supported the entire overhead of the test model.
Your company is now ready to launch the Franchise Operation, but you must first complete this next assignment.
Your Assignment
This Assignment is a Blue Font exercise; make sure you complete the document using a readable Blue Font.
You have operated a company-owned property site as a prototype for your Franchise Operations. The other properties owned by your company are all in upscale locations that support the Restaurant’s thematic Desert franchise market profile.
The desert has become so popular that many customers have requested extra take-home orders. A substantial number of patrons have even asked if the dessert would ever be sold separately in food markets. The dessert menu demonstrated a strong sales position using the test market compared to overall restaurant sales. It generated a cash flow that supported the entire operation costs of the franchise business operations plans.
Your company is now ready to launch a National Franchise Operation, but you must first complete the statutory requirements and complete the draft agreement with your revisions.
Assignment: Assemble the documents required to establish a National Franchise operation. Review the Partial FDD Franchise Information (PDF) that outlines the partial Franchise requirements that legally permit your company to sell and enter into franchise agreements with franchisees. This document outlines your franchise profile. Compare the information in the Partial Franchise Disclosure Document (PFDD) using the statutory specifications found in the:
Electronic Code of Federal Regulations website (https://www.ecfr.gov/current/title-16/chapter-I/subchapter-D/part-436#_top) (ECFR). PART 436—DISCLOSURE REQUIREMENTS AND PROHIBITIONS CONCERNING FRANCHISING:
Subpart B—Franchisors’ Obligations and
Subpart C—Contents of a Disclosure Document
Ensure all statutory requirements are in the PFDD Document any missing sections highlighting any deficiencies or variations from the Statute, if any.
Next, complete and revise the following Agreement: FDD Franchise Agreement (DOCX) . Complete all blanks “___” or bracketed “[ ]” sections with the appropriate information (Use the Blue Font color) and provide any other missing terms required to solicit prospective Franchisees. Make sure the Agreement terms are consistent with the statutory requirements. Use your responses to questions in the Franchise Agreement Checklist completed in Assignment 9.3 to assist in completing 9.4.
This assignment requires you to demonstrate your understanding and ability to redraft an agreement and compliance with the legal provisions that meet your companies’ franchise requirements and comply with the statutory franchise legal requirements. The accuracy and completeness of your responses in 9.3 will determine your ability to redraft sections of the Franchise Agreement and complete paragraphs in the document with detailed information. You are permitted to create “best judgment” responses using the Case Study as support for information not directly provided.
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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