What is a Franchise Seller Disclosure Form and Who Must File One?
The franchise seller disclosure form is a form that franchisors must file with state regulator agencies. The purpose of the form is to disclose and identify all individuals who will offer, solicit and sell franchises on behalf of the franchisor within the particular state. If you are a franchisor, it is recommended that a franchise seller disclosure form also be files for the franchisor's management identified in FDD Item 2. In fact, in the following states:
Franchisor management already disclosed in FDD Item 2, must also file a Franchise Seller Disclosure Form.
- Take Your Business from Local Success to National Franchise with The 90 Day Franchise Launch Program
- An Entrepreneurs Guide to Purchasing a Business or Franchise
- ENDWISE: The Guide to Selling Your Business with Peace of Mind
- The New York and New Jersey Partnership Dispute Guide
- Franchise Counsel Program