What is a Franchise Disclosure Document (FDD)?
Being an educated franchisee (or franchisor) means gathering all relevant information needed before making a solid business decision. And when it comes to the process of sorting through franchising…
Who Does California Consumer Privacy Act (CCPA) Apply To?
By introducing the California Consumer Privacy Act, California continues its pattern of enacting legislation that has the potential to impact the franchise industry in a significant way. The CCPA…
Franchise Advertising by State
Franchise for sale! Only fifty cents (well, not really but you get the idea). You have some amazing advertising pieces to sell your franchise. So you can just use them however and wherever you…
California’s Assembly Bill No. 5 Affects Franchising
Many franchisors are wondering what changes they should make in response to California’s AB-5 that went into effect on January 1, 2020. In a nutshell, we don’t think it makes sense to make any…
Item 19 Financial Performance Representations & COVID
You’ve probably heard the phrase, “COVID ruined everything” more than once. And unfortunately, we’re here to tell you the same likely applies for Item 19 financial performance representations……
Should I Have an Item 19 in my FDD?
When I get asked this question, I respond as follows: “The FDD has 23 Items. If there were just one Item in the Franchise Disclosure Document (FDD) you could look in deciding whether or not to buy a…
Full Guide to California Franchise Exemptions
Nobody wants to wait in line…especially when you’ve worked hard and paid a lot of money just to get to the entrance. Disneyland first introduced the FastPass in 1999. This pass lets them skip the…
Confidential Information Clause & NDA : All You Need to Know
Confidentiality or non-disclosure agreements (NDA’s) come in different forms and sizes, from stand-alone NDA’s to just a couple of sentences in a long commercial contract. Unfortunately, at times…
How to Find Franchise Disclosure Documents Online for Free
There are four states that publish FDDs online. California https://docqnet.dfpi.ca.gov/search/ California’s search engine is slow to update, but every document associated with a franchise…
How to Sell Franchises in Each State
I’ve just issued my FDD and want to start selling franchises with it. What are the next steps? This depends on where you’d like to sell franchises. Registration states require you to file your FDD…