Understanding Franchise Earnings Disclosure or Item 19
At some point during the franchise acquisition process the franchisor will furnish the prospective buyer with their FDD – the franchise disclosure document. Franchisors are required by law to provide this document which lists virtually everything pertaining to the franchise operations down to the smallest detail. Any ongoing lawsuits will require to be disclosed, the […]
Conflicting Information in the Franchise Industry – What is the Truth?
Franchise Industry Statistics A not so recent study (which many franchise industry “experts” still quote as gospel today) Indicated that 92% of all franchise owners were happy with their decision. That is quite Bullish news for franchising indeed. But like any worthy internet meme these statistics have permeated the industry with overzealous Franchisors and brokers […]