{"id":677,"date":"2020-03-06T21:58:26","date_gmt":"2020-03-06T21:58:26","guid":{"rendered":"https:\/\/papersspot.com\/blog\/?p=677"},"modified":"2020-03-06T21:58:26","modified_gmt":"2020-03-06T21:58:26","slug":"the-fdd-franchise-questions","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2020\/03\/06\/the-fdd-franchise-questions\/","title":{"rendered":"The FDD Franchise Questions"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>The FDD <\/strong><strong>Franchise Questions:<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>It\u2019s important to master the fundamentals of Franchising in analyzing the requirements needed to write an FDD. The material provided in this Module provides you with information that would be used to write an FDD. The Case Study is designed to establish specific lessons and scenarios to draw information needed on the FDD.\u00a0The questions below are provided to determine whether you are able to identify the required information needed to construct a FDD.<\/p>\n<p>It\u2019s important to remember that the FDD exists for two reasons: to protect you as a candidate and to protect the franchisor against allegations of misleading claims.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>There are typically 23 distinct sections, or \u201citems,\u201d in an FDD, each of which serves to answer a specific question. Provide answers base on all available information to develop your answer to the below questions. If there is no direct information you are permitted to make inferences based on support from the material provided.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>What\u2019s the history of the franchisor?<\/strong><\/p>\n<p><strong>1<\/strong>\u00a0&#8211; Outline the history of the franchisor, including any parent companies, predecessors, or affiliated entities.<\/p>\n<p><strong>2\u00a0<\/strong>&#8211; Provide information about the experience of the founder and management team, as well as the operational history of the business itself.<\/p>\n<p><strong>3<\/strong>\u00a0&#8211; Cover any and all litigation, both current and past, going back ten years.<\/p>\n<p><strong>4<\/strong>\u00a0&#8211; Disclose any bankruptcies, either on the part of the franchisor or its founder.<\/p>\n<p><strong>5<\/strong>\u00a0&#8211; Detail all existing outlets and franchise information.<\/p>\n<p><strong>How much does this franchise cost?<\/strong><\/p>\n<p><strong>6<\/strong>\u00a0\u2013 Detail using the finance Tables the initial fees associated with becoming a franchisee, including the franchise fee itself, multi-unit fees, and necessary supplies\/materials.<\/p>\n<p><strong>7<\/strong>\u00a0&#8211; Outline other ongoing fees, such as the royalty, training fees (if applicable), technology fees, marketing fees, renewal fees, and any other fee required by the franchisor.<\/p>\n<p><strong>8<\/strong>\u00a0&#8211; Cover the total initial investment required, combining the initial fees disclosed in Item 5 with estimates of construction\/leasehold improvement costs, furniture, fixtures, equipment, signage, computer systems, rent deposits, insurance deposits, professional fees, grand opening expenses&#8230;you name it. It\u2019s meant to give you a solid estimate of the total cost of opening a franchise location.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>What kind of support do I get as a franchisee?<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>9<\/strong>\u00a0&#8211; Discusses supply sources and ongoing operational items. This is particularly important if you\u2019re in a food-based concept.<\/p>\n<p><strong>10<\/strong>\u00a0&#8211; Detail the training, operations, and ongoing assistance that you receive as a franchisee of the system.<\/p>\n<p><strong>11<\/strong>\u00a0&#8211; Outline how the franchisor defines territory and the protections provided to franchisees.<\/p>\n<p><strong>12\u00a0<\/strong>&#8211; Provide details regarding copyrights and intellectual property of the business.<\/p>\n<p><strong>13<\/strong>\u00a0\u2013 List the issues of renewing franchise fees, grounds for termination, transfer options, and dispute resolution.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>What are the franchisee obligations?<\/strong><\/p>\n<p><strong>14<\/strong>\u00a0\u2013List any sourcing restrictions for products and materials.<\/p>\n<p><strong>15<\/strong>\u00a0&#8211; Discuss franchisees specific obligations.<\/p>\n<p><strong>16<\/strong>\u00a0&#8211; Detail the expectations set forth regarding franchisees ongoing participation in the business, specifically outlining where the franchisee needs to be personally involved.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>What are the economic expectations for the business?<\/strong><\/p>\n<p><strong><br \/>\n17<\/strong>\u00a0\u2013 Detail the Financial information you are able to identify from the entire information from the course Case Study and any other information you are able to forecast from all information available and that could be associated with the one and only source for financial information about the performance of the franchise system.<\/p>\n<p>&nbsp;<\/p>\n<h5><span style=\"color: #ff0000;\">WE&#8217;VE HAD A GOOD SUCCESS RATE ON THIS ASSIGNMENT. PLACE THIS ORDER OR A SIMILAR ORDER WITH PapersSpot AND GET AN AMAZING DISCOUNT<\/span><\/h5>\n<p><a href=\"https:\/\/papersspot.com\/Order.php\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-60997 size-full\" src=\"https:\/\/homeworkaider.com\/wp-content\/uploads\/2019\/11\/weer.png\" alt=\"\" width=\"350\" height=\"92\" \/><\/a><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; \u00a0 &nbsp; The FDD Franchise Questions: \u00a0 \u00a0 It\u2019s important to master the fundamentals of Franchising in analyzing the requirements needed to write an FDD. The material provided in this Module provides you with information that would be used to write an FDD. The Case Study is designed to establish specific lessons and scenarios [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-677","post","type-post","status-publish","format-standard","hentry","category-essay-writing"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=677"}],"version-history":[{"count":1,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/677\/revisions"}],"predecessor-version":[{"id":678,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/677\/revisions\/678"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}