2017 Checklist for Franchisors: Updating Your FDD, originally published on the International Franchise Association’s Insider Blog, provides a checklist of items franchisors should consider as they start updating their franchise disclosure document (“FDD”), including regarding:
- Franchise registration deadlines
- Accountants
- Operations
- Sales team
- Manuals
- Item 20 (outlet information) in the FDD
- Item 19 (financial performance representations) in the FDD
- Franchise advertising
- Insurance coverage