Franchise Disclosure Documents – Item 9: Franchisee's Obligations

Franchise

Item 9: Franchisee’s Obligations

Item 9 of the amended Rule requires the disclosure of a franchisee’s principal obligations in the prescribed tabular format that references the franchise agreement or other relevant contracts, and the disclosure document sections where more information about the particular obligation can be found. If a particular obligation is not applicable, franchisors should simply state “Not Applicable” at that place in the chart. Franchisors should include additional obligations, as may be warranted for their particular franchise system, in the “other” section of the chart.

This article is part of a series of articles on starting a franchise in Minnesota.
CREDIT: The content of this post has been copied or adopted from the Federal Trade Commission’s Franchise Rule Compliance Guide.

CREDIT: The content of this post has been copied or adopted from the Federal Trade Commission’s Franchise Rule Compliance Guide.