General Rules to Follow When Drawing Up Your FDD

When drawing up your Franchise Disclosure Document (FDD) in New York, there are certain writing guidelines that are required by the Federal Trade Commission (FTC). These guidelines state that your FDD must be written in plain English, using short sentences, and in the active voice. This is required so that someone who is unfamiliar with the franchise business will be able to easily comprehend all of the various aspects of the business plan.

Furthermore, the FDD must not contain complicated legal jargon that is hard to understand, nor should it include highly technical terms. You should also use charts or graphs wherever they may apply.

On the cover page of your Franchise Disclosure Document, you must include specific information such as: 

• a sample of the primary trademark for the franchise;
• a brief description of the franchise business;
• the initial fees and total initial investment that will be required to start the franchise;
• an explanation of the 14-day delivery period; and
• optional contact information for a prospective franchisee to obtain the FDD in different format. 

When drawing up your FDD, it may prove beneficial to get the help of an experienced franchise professional. To do so, you should contact an experienced New York franchise attorney. An experienced attorney can help you throughout the Franchise Disclosure Process.

If you plan on starting a franchise in New York, you will be required to provide potential franchisees with a Franchise Disclosure Document (FDD). Learn more about the FDD, including the 4 basic components required, by visiting our article library. 

How can a New York franchise attorney help?

If you are an entrepreneur who is interested in franchising your business there is a lot you need to know, including the significance of evaluating your trademark and how to approach the preparation of your FDD. For a limited time, get New York franchise attorney Charles N. Internicola, Esq's franchise law report to determine whether or not your business is right for franchising. Contact us today at 1-800-976-4904 for more information about Mr. Internicola's franchise law services in New York and how he assists entrepreneurs franchise their business nationwide.