The franchisee-franchisor relationship is unique in its operation. It’s a sort of special situation in that each party needs the other equally but there are different roles filled by both. This blog will dive into some of the nuances of this business relationship and traits from both sides.
Expanding a franchise isn’t going to happen naturally at first. Franchise growth is something you’ll have to cultivate. To ensure it’s going to be sustainable in the long run, you need to make sure you’re building a stable foundation.
According to Federal law, your FDD has to be updated within 120 days of the end of your fiscal calendar year. You’ll need to double check your state laws, as well, to make sure there aren’t some different guidelines that will need to be followed.