What Prospective Franchisees Can Learn From The FDD

Law360, New York (January 28, 2014, 12:29 PM EST) -- If you’re considering purchasing a franchise, you’re probably overwhelmed by the size of the franchise disclosure document (or, as it’s colloquially called, the “FDD”) and firmly believe that the franchisor’s lawyer gets paid by the word (no, we don’t).

Before you engage a lawyer to help you understand the FDD and what you’re getting into, here are some things you should do to check out the system. The results of these initial steps may encourage or discourage your investment, or steer you in a different direction....
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