Franchises Pull Back In Washington

HeraldNet:

Looking to buy a franchise?

You might not have as many options right now.

Data from the state Department of Financial Institutions shows fewer franchising companies are filing the paperwork that’s necessary to sell franchises in Washington. Between May of 2008 and May of this year, about 19 percent fewer companies registered or filed an exempt-from-registration form — that’s compared to the same time period one year prior.

A franchise company that isn’t registered can still conduct business with existing stores in the state, but it cannot sell or open a new location.

You might recognize a few of the companies that didn’t register within that period. Read more in the full story.