Franchise Disclosure Document Review (FDD)
When considering a franchise, understanding the Franchise Disclosure Document (FDD) is crucial. Our Franchise Disclosure Document Review service is designed to provide you with a comprehensive understanding of your FDD and Franchise Agreement.
Comprehensive Annotated Summary
David will draft an annotated written summary of your FDD, including the Franchise Agreement, highlighting key areas:
- Areas of Special Concern: Identifying sections that require close attention or have significant implications for you or the business.
- Special Attention or Explanation Needed: Clarifying complex terms and conditions for better understanding.
- California Law Impact: Explaining how California law may affect specific terms of your agreement.
- Potential Negotiation Points: Highlighting clauses that may be open to negotiation to help you secure the best possible terms.
Detailed Post-Review Consultation
Upon completion of the Annotated Summary, David will set up a post-review consultation with you.
The call, which typically takes approximately 2 hours, will cover:
- Franchising Overview: For those new to franchising, will provide a detailed overview of the franchising model and how it differs from other business models.
- Summary Review: A detailed review of the Annotated Summary, answering any questions you may have
- Real-World Application: Clarifying points with practical, real-world application and examples.
- Negotiation Strategy: Identifying and discussing areas to negotiate, ensuring you are well-prepared to get the best deal possible. As part of this David will prepare a Negotiation Term Sheet to provide to the franchisor, with the requested changes.
Flat Fee Billing
Our FDD Review service is billed at a flat fee, ensuring transparency and value without unexpected costs.
If you are a franchisee, please check out our list of resources that provide useful information for operating your franchise.