October 2018

franchise disclosure document

FDD and Me: What Are the 23 Franchise Disclosure Items?

The Federal Franchise Law and the franchise rules and regulations issued by the Federal Trade Commission govern a franchisor’s distribution and obligations in the disclosure of their Franchise Disclosure Document (FDD). In some states, franchise systems also have to register and get their FDD approved at the state level. Every FDD must include these 23 disclosure items.

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business buying less risky than startup

Buying a Business Is Less Risky Than a Startup

Owning and operating a business, being your own boss, is an inextricable part of the American Dream. It’s no coincidence that a particularly common mantra for politicians—both Democrat and Republican—is “small business is the backbone of the American economy.” And it’s true. According to data from the Small Business Association, in 2016, small businesses accounted

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