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Adam Wasch
Founding partner of The Franchise Firm, a boutique franchise law firm; represents franchisors and franchisees on franchise formation, FDD review, litigation, and M&A, specializing in startup to mid-size brands.
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24 snips
Dec 18, 2025
• 55min
The Franchise Lawyer’s Playbook: How to Spot Red Flags in an FDD Before You Sign
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In this engaging discussion, Adam Wasch, founding partner of The Franchise Firm, sheds light on the essential elements of a Franchise Disclosure Document (FDD). He shares valuable insights on common buyer mistakes, the importance of rigorous vetting, and why Item 20 is a key focus for negotiating leverage. Adam highlights industries with complex legalities and warns that an FDD doesn’t guarantee a successful system. With a call for responsible franchising, he emphasizes the need for alignment between franchisors and franchisees for mutual success.
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