franchise disclosure document

Critical Legal Requirements for New Franchise Systems

There are numerous legal hurdles to jump over and landmines to avoid when franchising or licensing a business. Franchisors must comply with FTC regulations and state-specific (“blue sky”) laws regarding franchise registration and disclosure documentation. The various registrations, deadlines, and disclosure documents can be complex and expensive, and if done improperly the business owners could […]

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franchise disclosure document

FDD and Me: What Are the 23 Franchise Disclosure Items?

The Federal Franchise Law and the franchise rules and regulations issued by the Federal Trade Commission govern a franchisor’s distribution and obligations in the disclosure of their Franchise Disclosure Document (FDD). In some states, franchise systems also have to register and get their FDD approved at the state level. Every FDD must include these 23 disclosure items.

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