Time for Franchise Disclosure Document Update!

Believe it or not, it is the new year again.  The holidays are past.  The focus is back on business.  For franchisors it is time to think about updating the franchise disclosure document [FDD] for 2014. Under federal law the franchise disclosure document [FDD] must be updated no later than 120 days from the close of the franchisor’s fiscal year.  For must franchisors, the franchise disclosure document update must be completed by April 30th.  Last year we posted a FDD update timeline.  The timeline is aimed at pacing the updating process and ensuring that the FDD update is done on time.   We thought the franchise disclosure document update timeline was so great, we are republishing it for 2014.

Eliminate the last minute blitz and going dark.  Use the timeline to stay on track with the franchise disclosure document update process!  Stay tuned for our upcoming posts detailing more of the franchise disclosure updating process. 

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