Thursday, May 2, 2019

The Franchise Disclosure Document (FDD) Assignment

The privilege Disclosure entry (FDD) - Assignment Examplech beau monde it is possible to conclude that all three companies in question shit complete FDDs, part thither are some small adjustments to formulations.2. How much would it cost you to acquire the certify rights for each of the companies? Is the franchise cost information from each companys FDD different from figures listed on the company website? If so in what way?Houlihans Restaurant and flipper Guys Burgers and Fries dont reveal in public information about its franchise cost information on its website, and therefore it is impossible to compare the total given online and those presented in FTC reports (Franchise Information - Houlihans Restaurant, n.p. Franchise Opportunities Five Guys Burgers and Fries). Hard Rock Hotel offers on its website information for probable franchisees and claims that the standard Hard Rock site fee is no less than $350, 000 (Hard Rock Cafe Franchise & Development Opportunities, n.p). Th is minimum is higher than given in the FTC report, probably because the report was published in 2007, while now it is 2014.Houlihans Restaurants offering circular presented some cases of bankruptcy, where copmpanys representatives were debtors in transaction under the U.S. Bankruptcy Code. These cases are multiple and raise concernsHard Rock Hotels FDD raised several somber concerns mainly referred to litigation and bankruptcy cases. The company has got claims for tortuous interference, breach of contract, breach of fiduciary duty, fraud, unjust enrichment and courtly conspiracy (Hard Rock Hotels, 5-6). While finally the parties entered into a settlement agreement, there are some stark concerns raised. On May, 2000 the company (Sunterra Corporation) filed a petition for reorganization under the U.S. Bankruptcy Code (Hard Rock Hotels, 7).Five Guys Burgers and Fries FDD raises less concerns comparing with two other companies as there were no bankruptcy cases. However, there was on e litigation case according to which the

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