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Sample Franchise Disclosure Document FDD FranchisePrep  Form

Sample Franchise Disclosure Document FDD FranchisePrep Form

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all right third let's talk about the legal side definitely the fun side right so every franchise system is regulated by the Federal Trade Commission they've got an FDD that they renew every year typically in the May June time period FDD stands for franchise Disclosure document uh now if you've never seen one of these just know it's intimidating it's a big old document it reads very one-sided in the franchise or's favor uh if you're just reading through it but I think it's really important to understand while that's the letter of the law there's also the spirit of the law and I would encourage you to ask why as you read through those and and certainly you can ask why of the franchise or but uh hopefully this will be helpful just provide a little bit of context So within an FDD there are Provisions in there to protect the franchise or however a lot of the provisions in there protect you from other franchisees

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