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The most critical document next to the Franchise Disclosure Document (FDD) is the franchise agreement. This is the binding contract signed by both the franchisor and the franchisee, laying out the franchisee's obligations and giving the franchisor tools to enforce them. It typically includes obligations related to support and training, which are in the franchisor's discretion. This document is also a good place to discuss future growth plans with your client and provide flexibility.
