Franchise Administration
Finance & Legal
The role of Franchise Administration is to protect the integrity of the brand system through the Franchise Disclosure Document (FDD), Franchise Agreements and the activities and programs directly related to non-technical support and services for the brands.
Areas of mentorship under Franchise Administration may be:
- Understanding the FDD in relation to Franchise Sales
- Franchisee compliance with provisions of Franchise agreements and the FDD
- Avoiding litigation due to inconsistent application of the FDD provisions
- Updating and filing disclosure documents for all states, provinces and countries where franchises are offered
- Preparing and issuing franchise agreements for franchise candidates according to policy, including maps, addendums, exhibits and attachments
- Monitoring and implementing compliance activities including but not limited to audits, transfers, addendums, defaults, insurance and purchase/sale agreements
- Understanding Item 19 - financial performance reports
- Provide assistance and manage franchise resale programs