How current are these Franchise Disclosure Documents?
We continually update our Franchise Disclosure Document database with the latest FDDs available. The issue year for each available FDD is listed in the FDD Description and FDDs are typically considered current for one year after the issue date. Different franchises issue their FDDs at different dates throughout the year. So, for example, a 2017 FDD that is issued on 6/15/2017 would generally be current until 6/14/2018.
Do you carry historical Franchise Disclosure Documents?
Yes, in addition to current Franchise Disclosure Documents, we often have past years’ FDDs available for many franchises.
Who would want to study the information in an FDD?
The FDD is valuable to anyone who would benefit from looking under the covers of the franchisor’s operation. This includes potential franchisees, investors, lawyers, and anyone else doing relevant franchise or market research.
What is the difference between a Franchise Disclosure Document (FDD) and a Uniform Franchise Offering Circular (UFOC)?
The Franchise Disclosure Document (FDD) is the current name for the legal document required to be created by each franchisor that covers 23 items mandated to be disclosed by the Federal Trade commission (FTC). The FDD is a set of disclosures and important information for the benefit and education of the potential franchise buyer and is presented in a standardized and easy to read format. Prior to revisions that were mandated by the FTC in 2008, this franchise disclosure document was called the Uniform Franchise Disclosure Document (UFOC).
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