A prospective franchisee should fully understand all the information contained in the Franchise Disclosure Document before a franchise agreement is signed.

Question

Quizplus · Accepted Answer

Prospective franchisees should carefully review and understand all information in the Franchise Disclosure Document (FDD) before signing a franchise agreement. The FDD is a legal document that outlines important details about the franchisor, the franchise system, and the franchise agreement, including fees, obligations, restrictions, and termination clauses. It is important to thoroughly review and understand this information before making a decision to invest in a franchise.

A Prospective Franchisee Should Fully Understand All the Information Contained