I have mentioned before that certain States require "pre-approval" or registration of franchises before sales are allowed to residents of those States. So, which States are "registration" States? Here's the list of the fifteen States that require franchise registration:
- California
- Hawaii
- Illinois
- Indiana
- Maryland
- Michigan
- Minnesota
- New York
- North Dakota
- Oregon
- Rhode Island
- South Dakota
- Washington
- Wisconsin; and, of course
- Virginia
If you're considering buying a franchise in any of the States mentioned above, the first thing you should do is check with your State regulatory organization to be sure the franchisor is properly registered to sell franchises.
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