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The key document associated with the Franchise Disclosure Document (FDD) is the franchise agreement, which is a binding contract signed by both the franchisor and franchisee. This agreement outlines the franchisee's obligations and provides tools for the franchisor to enforce compliance. It typically covers training and support obligations at the franchisor's discretion, making it generally favorable for the franchisor. This document also serves as an opportunity to discuss the franchisee's future growth plans, allowing for flexibility in the terms to accommodate potential changes.
