By: A Staff Writer
Updated on: Jul 13, 2024
Love reading dense legal documents? No? Don’t worry, here’s how to break down the most important one in franchising…
The Nitty Gritty: The FDD has vital info on fees, territory rights, franchisor obligations, and more.
Litigation Check: Dig into the franchisor’s legal history and any disputes with franchisees.
Financials Exposed: See how much franchisees typically earn (and spend) in the system.
The FDD isn’t exactly a beach read, but it holds the clues on whether the franchise is a good deal. So, please take the time to devour it.
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