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Franchisor Services
- General Rules to Follow When Drawing Up Your FDD
- What Information Must I Provide in a Franchise Disclosure Document?
- What is Trademark Goodwill?
- How Do I License the Rights to My Federally Registered Trademark?
- What Terms Must I Include in the Uniform Franchise Offering Circular (UFOC)?
Library
Franchisor Services
- The Franchise Disclosure Document (FDD) Requirements (Part A)
- The Franchise Disclosure Document (FDD) (Part B)
- Registering your FDD in New York: Does your FDD Adequately Disclose your “Franchisee Obligations”?
- The Franchise Disclosure Document (FDD) (Part A)
- The Franchise Disclosure Document (FDD) (Part B)
Q: What information is required in a franchise disclosure document.
A: Under the Federal Franchise Rule, a Franchisor's Franchise Disclosure Document ("FDD") must include the following twenty-three disclosures/items:
Item 1: The Franchisor and any Parents, Predecessors and Affiliates;
Item 2: Business Experience;
Item 3: Litigation;
Item 4: Bankruptcy;
Item 5: Initial Fees;
Item 6: Other Fees;
Item 7: Estimated Initial Investment;
Item 8: Restrictions on Sources of Products and Services;
Item 9: Franchisee's Obligations;
Item 10: Financing;
Item 11: Franchisor's Assistance, Advertising, Computer Systems and Training;
Item 12: Territory;
Item 13: Trademarks;
Item 14: Patents, Copyrights and Proprietary Information;
Item 15: Obligation to Participate in the Actual Operation of the Franchise Business;
Item 16: Restrictions on what the Franchisee may Sell;
Item 17: Renewal, Termination, Transfer and Dispute Resolution;
Item 18: Public Figures
Item 19: Financial Performance Representations;
Item 20: Outlets and Franchisee Information;
Item 21: Financial Statements;
Item 22: Contracts;
Item 23: Receipts
Charles N. Internicola, is a franchise lawyer who represents start-up and established franchisors throughout the Unites States, in all fifty states, including New York and New Jersey. Charles is the author of "An Entrepreneurs Guide to Purchasing a Business" and he is the publisher of the "Franchise Law Blog". If you are establishing a franchise system or looking for a lawyer to monitor and maintain your franchise registration and compliance program, contact Charles Internicola, to discuss the national franchise services that he delivers to his clients.
IMPORTANT DISCLAIMER: The information contained on this website is provided for general educational purposes only, should not be relied on as legal advice and does not serve to create an attorney client relationship. In utilizing this website you acknowledge that there is no attorney client relationship between you and Charles N. Internicola, Esq. and that the information contained on this site does not and cannot serve as a replacement for the competent legal advice of a licensed attorney in your state. The content of this site is subject to the Copyright of its author, Charles N. Internicola, Esq.
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