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Making a Case for Mandatory Item 19 Disclosure

Posted by Franchise Grade Team July 13, 2016

The US Securities Act of 1933 (the Securities Act) requires that the disclosure filing of a registration statement with the Security and Exchange Commission and the distribution of a prospectus in connection with the Initial Public Offering for investors must contain certain financial statements and other financial information regarding the issuer’s financial condition and results of operations.

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How Item 19 FPRs Are Shaping The Franchise Industry

Posted by Franchise Grade Team May 7, 2015

Item 19 Financial Performance Representations (FPR) are a key component in any prospective franchisee's due diligence process. FPRs help them to analyze a franchise investment for the opportunity of a return. They are critical in constructing a pro forma income statement and cash flow projections.

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All information provided on the blog articles is obtained by Franchise Grade from sources believed by Franchise Grade to be reliable and accurate. Any forecasts, calculations or predictions contained on the are articles are believed to be as accurate as the data and methods will allow.