The franchise disclosure document (FDD) disclosure and waiting period is 14 days from the date the the FDD is delivered to a prospective franchisee and the FDD receipt page is signed. This 14-day waiting period relates to the first date that a franchisee may sign a franchise agreement. When calculating and calendaring this 14-day waiting period you do not count the first day that the FDD was disclosed and you do not count the date that the franchise agreement is signed. The infographic below demonstrates how to calculate this 14 day period.
The following FDD disclosure rules and periods apply:
You can disclose your FDD electronically. Learn more about electronic FDD disclosure.
State Specific Franchise Laws for Franchisors The offer and sale of a franchise requires compliance with federal and state franchise laws. Franchisors must develop, maintain, register, disclose and renew a uniform Franchise Disclosure Document (FDD). The FDD must be registered in the franchise registration states, filed in the franchise filing... read more
The franchise disclosure document (FDD) disclosure and waiting period is 14 days from the date the the FDD is delivered to a prospective franchisee and the FDD receipt page is signed. This 14-day waiting period relates to the first date that a franchisee may sign a franchise agreement. When calculating... read more
What Is a Financial Performance Representation? A financial performance representation is a written or oral statement made by a franchisor to a prospective franchisee, in an advertisement, or to the public, where the franchisor provides information about sales or other financial data about the franchised business. The definition of a... read more
The franchise laws are a combination of federal and state laws that govern the registration, offer and sale of franchises, and the legal relationship between franchisors and franchisees. The Federal Franchise Rule is the overarching federal franchise law that governs all franchise transactions throughout the United States, in all fifty... read more
In this webinar, Charles N. Internicola, Esq. and Lisa Welko, CFE of Integrity Franchise Group discuss what it takes to make your brand attractive to franchise brokers and sell to qualified franchisees. Selling franchises and building a durable franchise system - all comes down to being a "good franchisor," making... read more
One of the biggest issues for emerging franchisors is not having a plan for insurance and system-wide protection. What do emerging brands need to know when they're starting off, who should they rely on, and how can they plan ahead? Get an insurance game plan to protect your franchise system... read more
Key strategies for developing the right logo & trade dress to drive franchise growth with branding and design expert Dan Antonelli. Dan is the author of ‘Building a Big Small Business Brand’ and is the creative director of the branding firm KickCharge Creative. Learn how to drive franchise growth and... read more
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