What is an FDD?
Career: Fdd
FDD stands for Franchise Disclosure Document. It is a legal document that a franchisor must provide to prospective franchisees in the United States before any agreement is signed or money is exchanged. The FDD contains detailed information about the franchisor, the franchise system, fees, legal obligations, and the rights of both parties, helping potential franchisees make informed decisions. It is regulated by the Federal Trade Commission (FTC) to ensure transparency and protect franchisees.