Act on opportunities for Florida

Florida sale of business opportunities Act to aspiring entrepreneurs of the victims of fraudulent systems supported by sponsors opportunities unscrupulous companies to protect. Act requires those provide opportunities to provide business information about the possibility of enterprises, including the necessary information for the investor, whether you make an informed investment decision. Examples of business opportunities for selling a business working at the envelope stuffing, home product Assembly or FunctionAny opportunities relating the sale or rental of equipment or products of more than $500 to start business and claims, a person, a company to buy products, finding made by the buyer to help do guarantee a certain income or refunds or sales or marketing purposes under the jurisdiction of Florida business opportunities Act.RegistrationBusinesses under the jurisdiction of the sale of Florida sales business opportunities act must register with the Ministry of agriculture and consumer, give a program to search state craft. The company must submit a disclosure form that includes the address of the company and the name of the owner, Trustees, directors and everyone in the company. The Ministry an advertisement will be displayed on all show, contact assign identification number and other documents relating to the company. The company pays a $300 annual fee.SecurityA registration companies must submit, a link, certificate of deposit or a letter of credit guarantees at least $ 50,000 to potential victims of fraud, to protect the breach of contract or other violations.FranchisesBusinesses qualify for franchise under the vorgeschlagenendie Federal Trade Commission rules are of the beprovisions in accordance with the sale of the right deal free. However, the franchise must confirm its position before Ministèree opening a business in the State. The exemption is one year after the company its provider opportunities status.ContractsThe business must renew at least three working days before the start of the company must provide a contract. Disclosure statement must accompany the paperwork. Contract describes the methods of payment, a total financial commitment the purchaser, the date of the provision of services or were and services provider details, the description of the buyer.