What an FDD review covers
A Franchise Disclosure Document is long for a reason. An FDD review walks through the items that most often affect risk, cost, and control — so you can decide with eyes open.
- Fees, royalties, advertising funds, and other ongoing costs
- Initial investment estimates and working-capital assumptions
- Territory rights, exclusivity, and reserved company rights
- Obligations to buy from approved suppliers
- Training, support, and franchisor performance commitments
- Renewal, transfer, termination, and non-compete terms
- Litigation, bankruptcy, and financial performance representations (Item 19), when present
Who it is for
Prospective franchisees
If you are considering buying a franchise, an independent review helps you understand what you are agreeing to — similar to having your home inspected prior to purchasing.
Emerging franchisors
If you are preparing to offer franchises, a pre-registration review can catch disclosure gaps that examiners commonly flag.
What to expect
Send your FDD (and related agreements if available). Dan reviews the documents, highlights material issues in plain language, and discusses next steps by phone or email. Engagement terms are confirmed before substantive work begins.