FPRs, What Are The Benefits For Franchisors?

In my over 30 years of franchise consulting experience, I am often asked if Franchisors can give financial projections, otherwise known as FPRs, that potential franchisees will use to help them determine if they should purchase a particular franchise opportunity. In my last blog, we discussed the rules and regulations regarding the preparation of Financial […]

Financial Performance Representations

In over 30 years of franchise consultant experience, people frequently ask me, “Can I give out financial projections to prospective franchisees?” The answer is yes, if the earnings claims are compiled correctly and included in Item 19 of the company’s FDD (Franchise Disclosure Document). The FTC (Federal Trade Commission) is the federal agency that oversees […]