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FRANCHISE DISCLOSURE DOCUMENT Interstate Studio Franchise, LLC a Delaware limited liability company 3500 Snyder Ave Somalia, MO 65301 6608261766 franchiseinfo@interstate.comInterState Studio Franchise,

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What is franchise disclosure document?

A franchise disclosure document (FDD) is a legal document that a franchisor must provide to prospective franchisees, containing detailed information about the franchise system, including financial performance, obligations, and risks.

Who is required to file franchise disclosure document?

Franchisors are required to file a franchise disclosure document with the appropriate regulatory authority before offering franchises for sale.

How to fill out franchise disclosure document?

To fill out a franchise disclosure document, franchisors must provide detailed and accurate information as mandated by law, including descriptions of the franchise system, fees, obligations, and financial statements, and must ensure that all disclosures are clear and comprehensible.

What is the purpose of franchise disclosure document?

The purpose of the franchise disclosure document is to provide potential franchisees with the necessary information to make an informed decision about investing in a franchise, as well as to ensure transparency and compliance with federal and state franchise laws.

What information must be reported on franchise disclosure document?

The franchise disclosure document must report information such as the franchisor's background, business experience, litigation history, bankruptcy history, fees and costs, initial and ongoing obligations, financial performance representations, and contact information for existing franchisees.

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