The Franchise Disclosure Document (FDD) is an important legal document that outlines the franchise relationship between a franchisee and a franchisor. It contains vital information such as franchise fees, franchise term length, obligations of both parties, restrictions on franchisees’ business operations, and financial performance representations. By understanding the FDD in detail, franchisees can make informed decisions about their franchise investment. This episode will break down the components of an FDD, so you have a better grasp of what to look for when evaluating a franchise opportunity.
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00:00 Introduction
00:57 Vetted Biz
01:20 FDD Categories
01:51 ITEMS 2 - 4
03:55 ITEMS 6 - 7
04:42 ITEM 8
05:16 ITEM 9
06:59 ITEM 12
06:47 ITEM 19
07:37 ITEM 20
08:27 ITEM 21
09:36 ITEM 22
09:50 Conclusion
#FranchiseDisclosureDocument #FranchiseFindings
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