Franchising regulations and recordkeeping can create a blizzard of paperwork. Mitigated Risks’ Franchisor Toolkit automates the compliance and franchise sales communication process, giving you an easy way to track your transaction and communication documents, and to assure that your records demonstrate that you comply with state, federal and international requirements. That way, your management team can focus on running and expanding your franchise business.
Mitigated Risks LLC is a wholly-owned subsidiary of Baker Donelson offering training and compliance services. The web-based Franchisor Toolkit was developed to leverage Baker Donelson’s extensive experience working with the franchise community. It gives you an easy-to-use, cost-efficient way to automate your record-keeping as well as organize and store all the documents related to your franchise as they are created. The system links all related files in an easy-to-access and shareable environment. No matter where your team members reside or work, your key documents are available in a virtual world, for instant review in a password-controlled access system.
Acting as your “virtual” franchise administration resource, the Franchisor Toolkit will help you:
- Track and maintain state filing disclosure documents and receipts
- Access real-time updates on registration status and maps of go/no go states
- Create, store, track and quickly retrieve transaction documents and franchise forms
- Avoid missing important compliance deadlines (through email reminders)
- Avoid unlawful sales
- Reduce the need for internal IT development, support and investment
- Reduce the cost of document assembly and production in the event of litigation
- Avoid the surprise of a forgotten document that affects the outcome of a dispute
Whether you are an established, large-scale franchisor, a mid-sized brand hitting a growth spurt, or a start-up concern, our Franchisor Toolkit is scalable to meet your unique needs and can free up internal resources so your management and legal team can concentrate elsewhere. Multi-system franchisors will appreciate the record standardization the ToolKit provides, so all systems use the same platform.
Mitigated Risks LLC is a wholly-owned subsidiary of Baker Donelson providing compliance resources and advanced online training products to companies of all sizes.