We're going to be covering the basics of Item/Section 9 of the Franchise Disclosure Document (FDD). If you've been following along, we've been covering the previous items in the Franchise Disclosure Document and in Item/Section 9, it's an actually interesting item of the Franchise Disclosure Document in and of itself that it doesn't really give you a whole lot of new information that you're going to need to review. It is more like the table of contents to figure out where you can find all of the expense references that are in the various items of the FDD and in the Franchise Agreement.
So it's essentially a table that lays out almost like an Appendix or a table of contents where you can reference all these individual fees within these documents. In looking over the FDD this is one of the items that to me, you don't necessarily need to spend a lot of time on just because it's not really informational, it's more just for reference.
It's interesting that they kind of smushed this in the middle of the FDD. I mean, it's like put it in the beginning or put it in the end, but basically, it's just a table. Literally, every single FDD we have seen this item looks mostly the same. It's a table of three columns. It’s basically going contain one item which could be everything that you would have a question about, trademarks, fees, site selection, training, etc.
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