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Special Report on

Understanding the Franchise Disclosure Document

understanding the franchise disclosure document special research report Photo by www.franchiselaw.us
AB 01162008 Podcast Interview Julie Lusthaus and Warren Lewis EDIT 2 96 kbps (AllBusiness.com’s Chris Bjorklund interviews Julie Lusthaus and Warren Lewis.) Chris Bjorklund: You’re listening to the AllBusiness podcast. I’m Chris Bjorklund. If you’re getting this through iTunes and RSS feed or an online streaming-media player, you can hear interviews with other experts at AllBusiness.com. Bjorklund: If you’re going to buy a franchise, federal law requires that you receive a pre-sale disclosure document. We’ll be dissecting that document with our two experts, Julie Lusthaus, a franchisee attorney with Einbinder and Dunn , and ...
is an independent association formed by sporting goods brands, manufacturers, suppliers, retailers, national and regional federations and other sporting goods industry related businesses. It is the world authoritative body for the sporting goods industry and is officially recognized by the IOC as the industry representative within the Olympic family. It is a non-profit organization and do not pursue any objective of economic character for its own gains.
REVIEWS AND OPINIONS
The Franchise Disclosure Document (FDD) – An Overview « Todd Weiss ...
The purpose of the FDD is to give the potential buyer detailed information on the investment details, ongoing fees and obligations of both the franchisor and franchisee.  According to federal law, governed by the Federal Trade Commission (FTC) , you must receive a copy of the FDD a minimum of 14 days prior to signing any agreement with the franchise. The FDD provides an overview of: - The management structure and history of the franchise - Experience of key personnel - Litigation history - The initial investment and ongoing fees - Obligations of all parties - List of current and former franchisees - Trademarks, patents and ... market research, surveys and trends
Operation Franchise | Avoid Business Mistakes
More than 85 percent of franchise businesses are successful after five years, compared to 25 percent of non-franchise start-ups that fail during that same time frame, according to the U.S. Department of Commerce . Although the failure rate for franchise businesses is lower – in large part due to the synergistic business model – it is by no means full proof. As you consider becoming a franchisee, to avoid making deal-breaker mistakes, ask yourself these questions before signing on the bottom line . Is my research complete? Depending on which area you’re interested in, there may be hundreds of franchises in any given sector. Look ... market research, surveys and trends

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UNDERSTANDING THE FRANCHISE DISCLOSURE DOCUMENT

Magazines - Encyclopedia - Britannica Online Encyclopedia
The article offers information about the Veterans Transition Franchise Initiative, which is also known as VetFran, introduced by the International Franchise Association (IFA). VetFran was created to help veterans transition to civilian life and encourage franchise ownership by offering financial incentives to honorably-discharged veterans. Over 200 franchise IFA-member companies participated in the initiative.. "Customers First" Provides Custom-Designed Payment Program. The article focuses on Franchise Payments Network endorsed by the International Franchise Association (IFA) to offer association members payment ... industry trends, business articles and survey research
Help w/ Acquiring a Franchise-Articles-Most FAQs about Franchising
The International Franchise Association (IFA) was established in 1960 to build and maintain a favorable economic and regulatory climate for franchising.  It is the only association serving as the voice for franchising in the United States and is a major participant in the international franchise arena.  IFA's mission is to enhance and to safeguard the business environment for franchising worldwide.  Today, more than 75 industries operate within the franchising format, and IFA's membership and network encompass some 1,000 franchisors, 350 suppliers, and over 7,000 franchisee members. Unhindered opportunity for all ... industry trends, business articles and survey research
RELATED NEWS
What to consider as a Canadian dealing with a US franchisor
t a franchise convention I attended in Quebec in May, I spoke to a colleague who practices franchise law in the United States. It’s very normal for Canadian franchise lawyers to attend franchise conventions in the U.S., but it’s not that usual to see American franchise lawyers attending one up here. I was curious as to why he was participating in a conference north of the border, and we ended up having a long talk about the franchise landscape in the U.S. The U.S., he said, was “overbuilt” with franchises. And the financial crisis/recession that started in 2008, changed the industry in the U.S. Existing ... market trends, news research and surveys resources
Research and Markets: Jamba Juice - Uniform Franchise Offering Circular ...
If you appear to be a good candidate for a franchise, the franchisor will send you a Ufoc, or "Uniform Franchise Offering Circular." This document is required of franchisors by the Federal Trade Commission (FTC) so that certain information can be disclosed to a potential franchisee before a contract can be signed or any payment is made. What Does It Contain? The Ufoc is a valuable document for prospective franchisees and should be read carefully. It contains 23 items of information. The item listings of a standard Ufoc: 1 The Franchisor, It's ... market trends, news research and surveys resources

INFORMATION RESOURCES

The Franchise Disclosure Document – What does it tell you
Carefully reading and understanding the Franchise Disclosure Document. (FDD) is one of the most crucial steps to take before signing any franchise agreement ... technology research, surveys study and trend statistics
Franchise and Business Opportunity FAQs
The Franchise Rule requires franchise and business opportunity sellers to provide to prospective purchasers with a Franchise Disclosure Document. The FTC does not require filings of these documents, so we are unable to provide copies to consumers. A total of 13 states keep franchise offering circulars on file, and 26 states require business opportunity disclosure filings. Most states provide copies of these disclosures, usually by allowing visitors to their offices by appointment to review or copy the documents. A few private companies may make franchise disclosure documents filed in one or more states available ... technology research, surveys study and trend statistics
UNIFORM FRANCHISE AND BUSINESS OPPORTUNITIES ACT
Ventures. [A change in the requirements for the Uniform Franchise Offering. Circular or for disclosure documents under the Federal Trade Commission Rule ...
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UNDERSTANDING THE FRANCHISE DISCLOSURE DOCUMENT
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Franchising: need to ask, franchise companies, countrey
I can answer questions on franchising for those exploring the purchase of a franchise. Selecting the right franchise business specifically for YOU is critical, and contrary to popular belief, franchising is not all burgers, shakes, and fries... food concepts represent only 19% of the number of franchises out there. There are concepts in just about every industry vertical from homeland security concepts to industrial concepts and consulting concepts to name a few. Helping navigate thru the over 4000 franchises at no cost is the value I bring. I help make sure that the business matches ones ideal business model, financial model, ...
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