The Franchise Memo

The Franchise Memo is a document that outlines key details about a franchise opportunity, including the business model, financial requirements, support provided by the franchisor, and legal obligations. It serves as an informational guide for potential franchisees, helping them understand the investment involved, what to expect, and their rights and responsibilities. The goal is to ensure transparency, allowing interested individuals to make informed decisions before entering into a franchise agreement. It’s a standard part of franchise regulations designed to protect both the franchisee and franchisor by clearly presenting essential information upfront.