This week, we’re wrapping up our series on the Franchise Disclosure Document by featuring Items #22 and 23 combined! While many of the FDD items seem to be placed in random order, these last two were a bit more methodical in their placement. The last two items will summarize every

Ah, financial statements. Your Franchise Disclosure Document wouldn’t be complete without them. Straight and to the point, Item #21 is best reviewed with your accountant or CPA. What you’ll find: • Audited financial statements from the last 3 years, including Balance Statements Profit & Loss Statements, and Other standard components

The first question on any prospective franchisees mind should be, ‘Would the franchises current or former franchisees invest in them again?’ If you’re not asking this question, you’re not asking the right question! Arguably the most critical Item in the entire Franchise Disclosure Document, Item #20 reads like a chart,