What Is a Franchise Disclosure Document?

What Is a Franchise Disclosure Document?

A franchise disclosure document (FDD) is a legal document that all U.S. franchises are required to provide to potential franchisees. FDDs are valuable tools that franchisees can use to determine the current state and outlook of the franchise before making a purchasing...

5 Skills Every Franchisee Needs

When choosing between an independent business and a franchise, it’s important to evaluate your own skill set to determine which opportunity you’re more suited for. Although there is a lot of overlap between the two, there are also some unique talents that come in...
How Much Control Does a Franchise Owner Have?

How Much Control Does a Franchise Owner Have?

Some entrepreneurs are hesitant to invest in a franchise opportunity, because they want to be able to “be their own boss.” They see franchise ownership as more of a managerial position with little control or flexibility, where they are constantly answering to the...
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