Artwork

Content provided by Stacey Riska. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stacey Riska or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Is Your Franchise Closing Locations ... Find Out in Item 20

14:15
 
Share
 

Manage episode 377022094 series 3316056
Content provided by Stacey Riska. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stacey Riska or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

https://www.NextLevelFranchiseGroup.com

So we are back on the Franchise Disclosure Document (FDD) looking at item 20 and it’s a doozy. It's a prominent item in that there are a lot of numbers and facts and figures that are covered in this Item regarding the number of units within a franchise being disclosed.
In this particular Item, it's not like Item 19 where there's a lot of flexibility in how the numbers and info are presented regarding the operations of their franchises. This one is more regarding the actual number of units in operation and the status of those units. We're going to outline each one of the tables included. There are five tables within this Item, and these tables are going to lay out the different numbering that you're going to see for each of these different five areas that must be covered in Item 20.
The first one has to do with the system-wide summary of the net change of both franchised and company-owned outlets in the last three fiscal years.
Item 20 is going to comprise of five tables and every franchise must follow the same lineage of how these tables are structured. In Item 19, when you're talking about money, it's a little bit more flexible. Item 20 is not flexible, and table one compares franchise units versus company-owned units. This can be really insightful …
… watch/listen to the full episode/podcast

What’s Covered

  1. What is Item 20?
  2. Why Item 20 is a super important item you review and understand
  3. The 5 tables that generally make up Item 20 of the FDD
  4. What each table graphically means
  5. What are some of the trends to look for in these tables/charts

📚 [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/

  continue reading

80 episodes

Artwork
iconShare
 
Manage episode 377022094 series 3316056
Content provided by Stacey Riska. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stacey Riska or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

https://www.NextLevelFranchiseGroup.com

So we are back on the Franchise Disclosure Document (FDD) looking at item 20 and it’s a doozy. It's a prominent item in that there are a lot of numbers and facts and figures that are covered in this Item regarding the number of units within a franchise being disclosed.
In this particular Item, it's not like Item 19 where there's a lot of flexibility in how the numbers and info are presented regarding the operations of their franchises. This one is more regarding the actual number of units in operation and the status of those units. We're going to outline each one of the tables included. There are five tables within this Item, and these tables are going to lay out the different numbering that you're going to see for each of these different five areas that must be covered in Item 20.
The first one has to do with the system-wide summary of the net change of both franchised and company-owned outlets in the last three fiscal years.
Item 20 is going to comprise of five tables and every franchise must follow the same lineage of how these tables are structured. In Item 19, when you're talking about money, it's a little bit more flexible. Item 20 is not flexible, and table one compares franchise units versus company-owned units. This can be really insightful …
… watch/listen to the full episode/podcast

What’s Covered

  1. What is Item 20?
  2. Why Item 20 is a super important item you review and understand
  3. The 5 tables that generally make up Item 20 of the FDD
  4. What each table graphically means
  5. What are some of the trends to look for in these tables/charts

📚 [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/

  continue reading

80 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide