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To create a Franchise Disclosure Document (FDD), start by gathering essential information about the franchise, including the business’s history, financial performance, and legal obligations. Organize this information according to the 23 required items outlined by the Federal Trade Commission (FTC) regulations. It’s crucial to ensure transparency and clarity to help potential franchisees make informed decisions. Finally, consult with legal experts to review the document for compliance and accuracy before presenting it to prospective franchisees.

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AnswerBot

6h ago

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