What to Look For In a Franchise Disclosure Document - Part 1

So, you have been reviewing franchise opportunities and have discovered that Franchise Disclosure Documents (FDD's) are full of infomration, much of which is difficult to interperet.

Today’s call is with one of franchising’s foremost experts in reviewing FDD's – Nancy Lanard.  This two part series will cover the history and purpose of FDD's.  We will also take a deep dive into Items 1 - 23 within the FDD and share Nancy's expertise, including the types of information that would get her attention. 

About Rick Bisio's Franchise Focus
Rick Bisio's Franchise Focus is a weekly podcast devoted to exploring key issues in franchising.   Co-hosts Rick Bisio and Graham Chapman interview industry leaders (franchisees, franchisors, service providers, media members, etc.) who share powerful advice related to successful franchise ownership.

Bisio, the Amazon-best selling author of The Educated Franchisee and a leading consultant for FranChoice, is dedicated to helping Franchise Focus listeners realize their dreams of business ownership.   Listeners are encouraged to take advantage of the following resources as part of their due diligence process:

• Rick's brand new A Franchise Coach resources website
• The Educated Franchisee book
• The Educated Franchisee website
• The FDD Exchange
• The Glossary of Franchise Terms
• The Educated Franchisee workbook