Law Office of Jillian Sidoti

This is Part 5 in a group of posts that is designed to give readers a primer on the most important document to a franchise – the franchise disclosure document. Part 1 Part 2 Part 3 Part 4 Item 13: Trademarks This section is straightforward but important to your franchisees as it is arguably the most important component of what they are purchasing. It identifies all of the franchisor’s registered

This post is Part 4 in an ongoing series introducing readers to the franchise disclosure document and some aspects of which franchisors should be aware. Part 1 Part 2 Part 3 Item 9: Franchisee’s Obligations Item 9 is essentially a table listing a number of obligations that the franchisee will have in the operation of the franchise, along with its location within both the franchise agreement and the disclosure document.

The pervasive view in the franchise world is that the franchisor-franchisee relationship is one of a top-down dynamic where the franchisee answers to the franchisor. This view is derived from the nature of the relationship. After all, it is the franchisor’s brand – the franchisee is simply licensing it. This is unfortunate because it would serve the best interests of both parties if the franchisor were to view the relationship

This is Part 3 in a series of posts explaining the different items contained within a franchise disclosure document, and some things that franchisors should be aware franchisees will be looking for within them. Part 1 Part 2 Item 7: Estimated Initial Investment Here, the franchisor is to disclose, in chart form, a comprehensive listing of all the costs that the franchisee can expect to incur in at least the

Yesterday we explored Items 1-3 of a franchise disclosure document (FDD) and some of the things your prospective franchisees will be looking for. So, continuing on with Item 4… Item 4: Bankruptcy In this section, you must disclose any bankruptcy occurring in the last 10 years that involved “the franchisor, its affiliate, its predecessor, officers, or general partner.” This means that, in addition to the entity itself, any individual that

The franchise experts at the Law Office of Jillian Sidoti are here to help you build your franchise in compliance with both federal and state regulations. You should know what that entails prior to embarking on the road to franchising your business. That analysis starts with a franchise’s single most important document: the franchise disclosure document (FDD). This series of posts will seek to answer the question, “what is a