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#5 - Decoding the Franchise Disclosure Document Part 1
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The Franchise Disclosure Document (FDD) is a critical document for prospective franchisees, providing a detailed overview of what to expect when investing in a franchise. It covers everything from the company's background and financial performance to fees, obligations, and even potential risks.
Take a listen to this podcast where I interview Laura Liss, a franchise legal expert who has helped her clients navigate the complexities and nuances of franchising. In this episode, she breaks down Items 1 through 7 of the Franchise Disclosure Document.
It's a long episode but a must listen if you are considering franchise ownership. Laura generously shares her vast knowledge, unpacking the complexities of the FDD.
Laura is a franchise attorney who works with franchisees and franchisors across the country. She enjoys being her clients’ lighthouse, so she can successfully guide clients past any rocky shoals to accomplish their goals in a variety of transactions like new franchise purchases, buying or selling existing businesses, commercial leases, and trademarks.
Laura is an attorney with Liss & Lamar P.C., and can be reached at (630) 571-1645. You can find her on LinkedIn at https://www.linkedin.com/in/attorneylauraliss/.
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