This form is to be used by franchisors and franchisees to identify the information needed for The Franchise Firm LLP (the "Firm", "We", or "Us") to draft the franchise agreement and/or development agreement prior to a franchise sale closing. Consistent with the Amended FTC Franchise Rule, franchise closings cannot take place until 14 days after disclosure of the Franchise Disclosure Document (FDD). Franchise closings may only take place in states that do not have registration requirements or in states where the franchisor is registered to sell. Your responses below will be relied upon by the Firm and/or the franchisor in this regard.
This form shall not constitute the sale of a franchise which may only take place through disclosure of the FDD and a duly executed franchise agreement and/or development agreement. This questionnaire will be reviewed by the Firm and does not, by itself, constitute an attorney-client relationship. If you are a franchisee filling out this form, it is probable that the Firm represents the franchisor and this form will provide us information for us to include in our client's franchise closing documents for your review and execution.
The Firm only serves as counsel to clients who have signed engagement letters. If you have not done so already, please contact the Firm at info@thefranchisefirm.com if you are a franchisor and wish to be formally engaged by the Firm to serve as franchise counsel.
Please provide us with the following information about the franchisee:
Provide the following information about the franchise transaction:
