“FDD” stands for Franchise Disclosure Document. The franchise regulators think that this is a plain English term for “prospectus”. Webster defines a prospectus as a preliminary printed statement that describes an enterprise (such as a business or publication) and that is distributed to prospective buyers, investors, or participants. If you thinking of buying a franchise, then you […]
What Is “The Best Franchise” to Buy? ; 12 Tips to Choosing the Right Business
What does the “top 10 hottest franchises” or the “10 best new franchises” get you? The current winners in a popularity contest where the rules change and no one knows who makes the rules–or picks the best franchises or the hottest franchises. Just because the sheep follow the leaders over a cliff, doesn’t mean you […]