The Franchise Disclosure Document (FDD) is a critical document that prospective franchisees need to understand. It provides detailed information about the franchisor and the franchise
Are you considering stepping into the world of franchising? If so, the Franchise Disclosure Document (FDD) is something you’ll inevitably encounter. This legal document is provided by franchisors to prospective franchisees to provide transparency about the business and its operations. While it can seem overwhelming due to its complexity and length, understanding the FDD is critical to making an informed decision.
Only the franchisor can provide their current registered and filed disclosure document. You have to be a good candidate and in the discovery process.