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Minnesota Posts FDDs Online

Posted Fri, 2011/11/11 - 14:13 by BMM
CARDS web page, Minnesota Dep't of Commerce

ST. PAUL, Minn. — Franchise disclosure documents can now be reviewed online for the state of Minnesota.

Initial Fees Can Provide Prospective Franchisees With Negotiating Information

Posted Thu, 2011/09/29 - 08:42 by Mario Herman

Pursuant to the Federal Franchise Rule, 16 C.F.R. 436, a franchisor must disclose to a prospective franchisee the initial fees and any conditions in which the fees are refundable.

Does Your State Have Disclosure Laws?

Posted Fri, 2011/07/15 - 15:00 by Mario Herman

In addition to the Federal Trade Commission's laws regarding the sale of franchises, fifteen states have franchise investment laws that require franchisors to provide pre-sale disclosures, known as "offering circulars," or "franchise disclosure documents," to potential purchasers: California, Hawaii, Illinois, Maryland,

The Contract Is Critical to Your Business

Posted Fri, 2011/07/08 - 11:34 by Seth Stadfeld

A franchise contract is a long-term arrangement that sets forth the rights and obligations of franchisee and franchisor in the operation of a franchised business. A prospect need not pay great attention to its terms until proper due diligence investigating an opportunity has been done.

How Useful Is the Franchise Disclosure Document? Not Very

Posted Mon, 2011/04/25 - 08:32 by BMM

Darrell Johnson, CEO of franchise researcher FranData and a board member of the Int'l Franchise Association, reveals that a franchise disclosure document (FDD) is of very limited use for franchise unit investors

Franchise Disclosure Document Items

Posted Mon, 2011/01/24 - 13:18 by Ed Teixeira

When the Franchise Disclosure Document and franchise contract is properly reviewed it can tell a story about the franchisor.

Franchise Legal Tip: Financial Performance Representations

Posted Thu, 2010/10/21 - 10:53 by Jeremy Liebman

One aspect of my practice consists of reviewing franchise disclosure documents for prospective franchisees.  Recently I reviewed a franchise disclosure document for a small franchise system.

Elizabeth Warren Speaks to Bankers

Posted Sun, 2010/10/10 - 10:02 by Deepak Gupta

Last week, Elizabeth Warren went into the lion's den, giving a dinner speech in Washington to the Financial Services Roundtable -- the banking industry's lobbying group.

Buying a Franchise? You Better Understand Item 7 of the FDD

Posted Mon, 2010/09/06 - 15:20 by Ed Teixeira

Item 7 in the Franchise Disclosure Document requires franchisors to present in a prescribed format a franchisee's estimated initial investment needed to start the franchise business.

D-Day! New Franchise Rule Kicks In

Posted Tue, 2008/07/01 - 14:01 by Don Sniegowski
Washington, D.C. (Blue MauMau) - Today is the first day that the Federal Trade Commission's new franchise rule permanently kicks in.