Now you have the chance to learn from the best franchises by viewing their most important documents.
The Franchise Disclosure Document (FDD) formerly known as Uniform Franchise Offering Circular (UFOC) is one of the fundamental documents for every franchise business. First of all it is required for registering the franchise in all franchise registration states. Secondly, it must be provided to the client prior to signing in the franchise agreement (the franchise contract).
Franchise Disclosure Document preparation was an activity reserved strictly to franchise professionals with many years of experience. New franchise owners had no other options but to pay hundreds just to get their FDDs written and reviewed by franchise consultants and attorneys. Indeed, writing this important piece of paperwork can be a daunting task. Not only it contains 23 items and many exhibits but it must fully comply with various Federal and state franchise laws. Considering that franchise laws and regulations vary among states, the whole task of getting a franchise disclosure document ready seems impossible for the average franchisor.
Luckily things have changed! Now there are many great products that can help you write your FDD all by yourself. One of the best tools currently available at the market is the FranZoom’s Existing FDDs and UFOCs Database.
The benefits of getting access to FranZoom’s Existing FDDs and UFOCs Database are numerous. This is a current and frequently updated collection of Franchise Disclosure Documents of over 200 leading franchises operating in the USA. In addition, the database provides access to Financial Statements, Multiunit Agreements, Deposit Agreements, Account Assumption Agreements, Software License Agreements and Deposit Agreements of leading franchisors.
FranZoom’s Existing FDDs and UFOCs Database allows franchise owners to learn from the best at an incredibly affordable price. Any franchise business owner who is preparing their first FDD or updating and existing FDD needs some guidance and advice. Instead of paying hundreds to franchise consultants, they can simply browse the database or search by company name or industry category and find the documents of other franchises working in the same industry. The information obtained by reading these documents can help them in creating top-notch franchise disclosure documentation or adjusting the existing one to better reflect current market conditions.
All documents contained in the Existing FDDs and UFOCs Database are in PDF format and can be accessed immediately after activation of your account. There is no limit to the number of documents that can be viewed as well.
A very useful video explaining how FranZoom’s Existing FDDs and UFOCs Databse works and what type of information it can provide is available here – click here.