Assemble the documents required to establish a national franchise operation. Review the -Partial Information (PDF)- that outlines the partial franchise requirements that legally permit your company to sell and enter into franchise agreements with franchisees. This document outlines your franchise profile. Compare the Partial Franchise Disclosure Document information using the statutory specifications found in Part 436 – Disclosure Requirements and Prohibitions Concerning Franchising (Electronic Code of Federal Regulations). (Links to an external site.) Specifically, look at: Subpart B—Franchisors’ Obligations Subpart C—Contents of a Disclosure Document Ensure all statutory requirements are in the PFDD document any missing sections highlighting any deficiencies or variations from the Statute. Next, complete and revise the following agreement: –FDD Franchise Agreement (DOCX)– Complete all blanks “___” or bracketed “[ ]” sections with the appropriate information using Blue Font and provide any other missing terms required to solicit prospective franchisees. Make sure the agreement terms are consistent with the statutory requirements. Use your responses to questions in the Franchise Agreement Checklist completed in Assignment 9.3 to assist in completing 9.4.
