Do I Really Have to Sign the Franchise Disclosure Document Item 23?
Manage episode 379572844 series 3316056
https://www.NextLevelFranchiseGroup.com
We are so excited because we finally reached the review of the final item of the Franchise Disclosure Document (FDD). If you've been hanging in there with us, we know this is a lot of information, but it's worth understanding the FDD and what you are agreeing to. If you've reviewed this information and looked this over in-depth and learned about the different items of the FDD, then you are going to most likely make a much better decision about your perfect choice of a franchise.
Item 23 - The Receipt
What they mean in general is receipt of the Franchise Disclosure Document, and this particular item requires your signature. Now, we want to explain this to you first. The signature does not bind you in any way at this point in time for acquiring this franchise. All it is is a signature that says you've received the FDD. What's important about this is that it's signed and dated.
Once it's signed and dated, the franchisor has to wait 14 days for you to make a decision. Regardless if you read it, signed it …
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What’s Covered
- What is Item 23?
- Why is Item 23 so important?
- Any misconceptions about what you are signing in Item 23.
📚 [Resources]
📝 QUIZ: WHAT FRANCHISE CONCEPT IS RIGHT FOR YOU?
https://www.nextlevelfranchisegroup.com/whats-your-perfect-franchise-quiz
💰 FREE FRANCHISE INVESTMENT CALCULATOR
https://www.nextlevelfranchisegroup.com/franchise-investment-calculator
📖 FREE E-BOOK: THE ROADMAP TO BUYING A FRANCHISE - IN 9 EASY STEPS
https://www.nextlevelfranchisegroup.com/files/the-roadmap-to-buying-a-franchise-in-9-easy-steps.pdf
📰 TONS OF ADDITIONAL RESOURCES AND CONTENT
https://www.nextlevelfranchisegroup.com
CONTACT US
👍https://www.NextLevelFranchiseGroup.com/contact
📰https://www.linkedin.com/company/next-level-franchise-group/
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