Dealing with the Franchise RegistryYou have a great new perspective franchisee. They will be the perfect fit for your franchise. All they need is a SBA working capital loan to pay their franchisee fee and get started.
THE PROBLEM:Your Franchise isn’t on the SBA approved list or is was but you have changed your FDD and the changes are not approved yet.
Every Zor has run into this scenario. There are legal fees, time delays and unclear processes. NOT ANYMORE!
SBA Universal Addendum
A universal addendum to the franchise agreement. One two page document, universal to all franchisors. You and your new franchisee simply sign the form and it’s done! Your perspective franchisee can now get their SBA funding and open their franchise.