Insights
How Do you Determine the Initial Investment for Item 7
Item 7 of the Franchise Disclosure Document (FDD) requires franchisors to set out in a prescribed tabular format a franchisee’s estimated initial investment – i.e., all the expenses required by the franchise agreement and all other costs necessary...
What Franchise Model Should You Use?
There are 4 main types of franchise models for business format franchising: Single Unit, Multi-Unit Development, Conversion, and Master Franchise. We discuss the benefits of each for a prospective franchisor.
What Business Terms Will You Offer Franchisees?
The Franchise Disclosure Document (FDD) provides a significant amount of information about the franchisor and franchise system as noted previously. Among the most important items in the FDD are the business terms between the franchisor and...
How Do You Start the Franchising Process?
Once you have decided to expand your business through franchising, one of the next steps is to create the Franchise Disclosure Document (FDD). The FDD contains information about the franchisor and the franchise system. The Federal Trade Commission...
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Are You Ready to Be a Franchisor?
Are you looking to franchise your business? Not sure where to start? In this exclusive guide for business owners and entrepreneurs, you will learn if you’re ready to grow your brand through franchising.