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What is The Franchise Disclosure Document (FDD)?

MSA Worldwide

Those FTC requirements are generally referred to as the “Franchise Rule”. The Franchise Rule was significantly amended in 2007. When the Franchise Rule changed in 2007, much of what was included in the UFOC was adopted for the new FTC disclosure document called the Franchise Disclosure Document (FDD).

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What Does it Mean for a Franchisor to “Go Dark”?

Unhappy Franchisee

If a franchise seller’s state registrations have expired, they are legally required to Go Dark in those states. If a franchise seller’s Franchise Disclosure Document (FDD) has expired (is older than 120 days past the end of its fiscal year), they are legally required to Go Dark in EVERY state. at the federal level.”

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Proposed Franchisee Freedom Act Would Give Franchisees Right to Sue Under the FTC Franchise Rule

Goldstein Law Firm

It establishes the requirement for franchisors to provide prospective franchisees with a Franchise Disclosure Document (FDD), and it establishes the specific disclosure requirements for each of the 23 “Items” in the FDD.

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Should I Franchise My Business?

AllBusiness.com

Write a franchise operations manual Another important component of a successful franchise system is having a thorough, well-developed franchise operations manual. At minimum, it’s recommended to have your manual reviewed by a seasoned franchise consultant and expert franchise attorney.

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An Insider's Guide to Franchise Due Diligence

AllBusiness.com

I went online to my local library (most are free resources) and looked at Reference USA, SBA, Barron's, NAIC Codes and the Thomas Registry. Review relevant paperwork At this point, we're reviewing the franchise disclosure document and territory as well. Remember what works in one market may not work in your market.

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Restaurant Inventory Management: 4 Tips for Success

Penn Station East Coast Subs

This can be a useful way to keep track of inventory that you can reference at any time and help you pick up on patterns. The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document. Certain jurisdictions require registration prior to the offer or sale of a franchise.

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Franchising Fundamentals – Basic principles to know

MSA Worldwide

The franchisor owns the brand In franchising, the person or entity that owns the brand trademark and the intellectual property, i.e., operating systems, marketing materials, training programs, etc., is called the franchisor. Some franchisors may also require training or marketing fees.