A franchise territory is the area your franchise agreement assigns to you. Learn what an exclusive territory does and does not cover, and what to check in the FDD before you sign.
Item 6 FDD: What Ongoing Franchise Fees Does It Cover?
Before you sign anything, understand what you are agreeing to. Lisa and a franchise expert go through Item 6 of the Franchise Disclosure Document, where ongoing fees and other charges are laid out.
How Do You Get Out of a Franchise Agreement Early?
Wondering how to get out of a franchise agreement early? In this episode of Franchise Legal Talk, a franchise attorney explains four legal options for leaving without burning bridges or putting your finances at risk.
Item 21 FDD: How Do You Read the Financial Statements?
What is Item 21 in a franchise disclosure document? This video explains what it covers, how to read the franchisor’s audited financial statements, and which red flags to look for.
FDD Item 2: What Does It Say About Franchise Leaders?
Item 2 of the franchise disclosure document shows who leads a franchise brand. A franchise attorney explains leadership turnover and past lawsuits to ask about, and Lisa adds her view as a multi-unit franchise owner and consultant.
Questions about your own situation?
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