Publisher's Synopsis
Are you buying a Franchise?
Not understanding the Franchise Disclosure Documents? Please see this guide book for answers. This guide book thoroughly explains Franchise Disclosure Documents (FDDs), mandated by the Federal Trade Commission (FTC). It details the FDD's structure, content (including the 23 required items), legal requirements, and best practices for analysis. The guide book emphasizes the importance of professional legal and financial advice in interpreting FDDs and making informed franchise investment decisions. It also addresses common misconceptions about FDDs and their limitations, offering practical tips for prospective franchisees.
