Jul 28, 2021 | Career Transition, Franchise Disclosure Document, Franchise Opportunity, Scott Milas
There are many benefits of buying a franchised business, especially when it comes to these two areas: Government regulations: The Federal Trade Commission (FTC) requires franchisors to disclose certain items before a franchise sale closes. The Franchise Disclosure...
Jul 9, 2021 | Franchise Disclosure Document, Franchise Opportunity, Scott Milas
In their Franchise Disclosure Document (FDD), franchisors must include a significant amount of information, which is then shared with prospective franchisees, regulators, and lenders. This information includes start-up costs, fees, royalties, the number of units that...
Jun 8, 2021 | Franchise Disclosure Document, Franchise Opportunity, Scott Milas, Uncategorized
Here’s how to make sense of several specific FDD disclosure items to help a potential franchisee determine if they should purse a particular franchise opportunity. Item 19 – Financial Performance Representation (FPR) If a franchisor wishes to share any type of...
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