Navigating Franchisor Financials: What Every Prospective Franchisee Must Know About Item 21
Franchise Fame
JANUARY 23, 2024
Every prospective franchisee who expresses interest in a franchise opportunity should be given access to the Franchise Disclosure Document (FDD) within a certain period of time before signing an agreement to join the franchise network. Whether you’re financially savvy or not, one of the most important items in the FDD is item 21. If this is news to you and you aren’t sure how to navigate what seems like complex and technical financial jargon, this post is for you.
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