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So you are researching buying a franchise. By law the franchisor must send you their FDD (Franchise Disclosure Documents) before you can invest. The FDD has a huge amount of information that will help you make an informed decision. There is a disclosure waiting period between when you sign for the FDD and when you can actually buy the franchise which is a federally mandated 14 days. So even if you wanted to you cant invest for 14 days after receiving and signing for the Franchise Disclosure Documents. There is also a 7 day period for the franchise agreements - so most franchises will send both at the same time and have the waiting periods run concurrently. When the franchisor finally agrees to send you the documents You think Great, I will get everything I need to know in this document but you receive it and it is a daunting 400 pages long!! You may consider the document is too complex and you put it away maybe to look at it tomorrow, or worse, to just rely on what you have been to
