Entity Details
Registered name, formation date, state of incorporation, EIN, principal office, and related entity chart to support Item 1 and Item 2 disclosures.
A standardized Business FDD Questionnaire helps ensure completeness, reduces legal risk, and documents the factual basis for disclosures. It supports the FTC Franchise Rule timing and state registration processes by centralizing required facts and preserving audit trails for counsel and regulators.
Teams and advisors use the questionnaire to assemble consistent FDD inputs before drafting or state filing.
Completed questionnaires reduce back-and-forth, create a defensible record, and speed internal review cycles.
Registered name, formation date, state of incorporation, EIN, principal office, and related entity chart to support Item 1 and Item 2 disclosures.
Names, titles, ownership percentages, biographies, and criminal/regulatory history for principals related to Item 2 and Item 3 disclosures.
Annual and interim financial statements, accounting methods, auditor notes, and supporting schedules used for Item 19 and Item 21.
Franchise agreements, leases, supplier contracts, and IP licenses that affect disclosure text and exhibits for Items 5, 11, and 12.
Summaries of pending, settled, and threatened claims, including outcomes and reserves, required for Item 3 and risk disclosures.
Training programs, required vendor lists, and operating procedures that inform Item 11, Item 12, and post-sale obligations.
Use secure PDF or DOCX formats and a platform that preserves an audit trail, supports templates, and integrates with your systems.
Choose a solution that captures timestamps, IP addresses, a secure audit trail, and preserves signed copies in retrievable formats for counsel and regulatory review.
Provide the FDD at least 14 days before the franchise agreement is signed.
Plan 7–14 business days for comprehensive questionnaire completion and document gathering.
Allow 5–10 business days for counsel to incorporate answers into the FDD.
State registration processing varies; allow extra weeks for states with active review.
Retention periods begin at document creation or FDD issuance.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |