Attorney Mark J. Burzych Named ...
Fahey Schultz Burzych Rhodes is proud to announce that Mark J. Burzych, current president of the firm and head of its Franchise practice gro...
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Dedicated to serving the legal needs of municipalities, franchised businesses, employers, and public utilities.
Franchisors must comply with both federal regulations and state laws and regulations in connection with the offer and sale of franchises. These laws and regulations require that franchisors provide to prospective franchisees a Franchise Disclosure Document (“FDD”) that outlines specific information about the franchise being offered. The Federal Trade Commission (“FTC”) Rule of Franchising requires that the FDD be provided to prospective franchisees 14 calendar days prior to accepting any fees or signing any contracts.
While the contents of each FDD will vary, the FTC requires every franchisor to disclose 23 specific items, including:
The FDD is a very detailed and complex legal document (often hundreds of pages) that should only be prepared by an expert attorney. Our franchise attorneys specialize in the drafting of clear and concise FDDs that will not only comply with state laws and meet FTC disclosure requirements, but will also make accurate representations of your franchise system. We can help franchisors identify their goals and provide thorough assistance in the preparation of a well-written FDD.
Whether you are exploring franchising for the first time or operating a well-developed franchise system, our franchise attorneys can answer your questions and advise you on the best course of action.
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Fahey Schultz Burzych Rhodes is proud to announce that Mark J. Burzych, current president of the firm and head of its Franchise practice gro...
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Read MoreAt Fahey Schultz Burzych Rhodes PLC, we’ve been helping municipalities, franchised businesses, employers, and more with their legal needs since 2008. We’d love to learn how we can help you, too.