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What Is Disclosed in FDD Item 2 (Business Experience)?

FDD Item 2 requires disclosure of the names, titles, and business experience of the franchisor's directors and principal officers. Other individuals must be disclosed - even if they possess no formal title - if they have "management" responsibility relating to the sale or operation of the franchise that is offered.

Charles Internicola

by Charles Internicola
National Business and Franchise Lawyer

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