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Franchise Research & Guides

Understand franchise disclosure documents, financial metrics, and how to evaluate franchise opportunities using real data.

What Is a Franchise Disclosure Document (FDD)?

Learn what a Franchise Disclosure Document is, what its 23 items cover, and why every prospective franchisee should read one before investing.

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Understanding Item 19: Financial Performance Representations

Item 19 of the FDD is where franchisors disclose revenue and financial data. Learn how to read it, what to watch for, and why some franchises skip it.

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Franchise Failure Rates: What the Data Shows

What percentage of franchises fail? We analyze actual closure data from FDDs to show real franchise failure rates by category and brand.

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How to Evaluate a Franchise Opportunity

A practical framework for evaluating franchise opportunities using FDD data: investment costs, revenue potential, fee burden, unit growth, and risk indicators.

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Franchise Fees Explained: Royalties, Ad Fund, and More

Understand the true cost of franchise fees — initial franchise fees, ongoing royalties, advertising fund contributions, and hidden costs from the FDD.

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Ready to dig into the data?

Browse real FDD data for hundreds of franchise brands.