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The FDD, the franchise disclosure documents the most important tool in franchising its the foundation of your franchise offering. Its the primary vehicle that franchisors use to comply with the franchise laws and regulations and so were going to get into the basics of the FDD, whats included in it the FDD disclosure period and even some registration and filing basics. At the most basic level the FDD is the hub of your franchise offering, so on the one hand you use the FDD to comply with federal and state franchise laws and on the other its an instrument that you give to franchisees so you know franchisees are going to be reviewing the data in the FDD to validate your franchise and compare it to your competitors, so the FDD itself its the hub that really melds together your franchise regulation obligations and your franchise sales activities. From a franchisors perspective when you look at the FDD theres a number of things that should be going on, o