Item 2 of the Franchise Disclosure Document (FDD) lists the key individuals who manage the franchise system and describes their business experience for the past five years. This includes their names, positions and relevant background.
Item 2 helps prospects evaluate:
leadership stability
industry experience
credibility of the support team
operational expertise
Strong Item 2 disclosures can strengthen franchisee confidence.
Item 2 must list:
officers
directors
executives involved in franchise sales, training or support
everyone with management responsibility over sales or operations
Each individual must have a five year employment history disclosed, and must be included regardless of their title or direct employer.
FDD Renewal
Material Change
Franchise Examiner
Franchise Exemption
Notice Filing State
Non Registration State
Registration Filing State
Stop Order
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Demographic Analysis
Integrated Document Signing
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Last updated: November 26, 2025