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Deciphering The Franchise Disclosure Document

The Franchise Academy Podcast · 2025-08-23

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Episode notes

Everything Aspiring Franchisees Need to Know Before Signing the Dotted Line On this insightful episode of The Franchise Academy Podcast , host Tom Scarda welcomes Michael Iannuzzi , Certified Public Accountant, Certified Franchise Executive, and Co-Leader of Citrin Cooperman’s Franchising Practice. Together, they demystify one of the most critical documents in the franchise world - the Franchise Disclosure Document (FDD). Whether you're a first-time franchise buyer or looking to expand your portfolio, this episode will give you a clearer understanding of: What audited financial statements in the FDD really mean The right questions to ask when your target market isn’t included in Item 19 Whether unverified information in the FDD holds any value How to contact current and former franchisees using the list at the back of the FDD Why you should read the FDD multiple times and take notes before making a decision How to get Tom’s exclusive FDD Cheat Sheet with over 30 essential questions for franchisees Michael shares powerful industry insights gained from years of experience working with top franchisors and multi-unit franchisees.

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