One of the most important documents for anyone seriously interested in franchise ownership is the Franchise Disclosure Document.
Perhaps not every entrepreneur is aware of the vast amount of information on offer in these documents, so it’s helpful to see Crain’s Detroit advocating a pretty thorough analysis of a franchise’s FDD before signing the dotted line on the franchise agreement.
The article breaks down many of the benefits of the FDD, and especially stresses on focusing on the turnover section.
Anyone looking for more background information on the FDD should read our breakdown on important form. And of course, with Franchise Direct, you can access the FDD’s of some of the best franchises in the world.