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EPGD Law Blog

Tag: trade
Business Law
Eric Gros-Dubois

Updating your FDD in Response to Change of fees

The FDD must be given to the potential Franchisee 14 days before the Franchisee is able to sign the Franchise Agreement. The purpose of such disclosure to a potential Franchisee has historically been to allow the Franchisee to make an informed decision. An FDD typically includes a fees chart, the franchise’s legal and financial history, along with other terms and conditions of the operation of the franchise.

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