In New Zealand, franchisors are legally required to provide prospective franchisees with a franchise disclosure document (FDD) before any agreement is signed, and that document must be given at least 14 days prior to signing. It needs to include financial statements, litigation history, details of fees and obligations, existing franchisee information, and the franchisor’s business experience. It can feel a bit like opening a window into the business’s soul a chance for a buyer to see both the opportunities and the risks clearly. Being thorough and transparent here not only protects both parties legally but also builds trust, which is the foundation of a strong, lasting franchise relationship.