In Michigan, how many business days before the execution of any binding franchise agreement or payment of consideration must Alloy Personal Training, LLC provide the Disclosure Document?

According to Alloy's 2025 Franchise Disclosure Document, if you are considering opening an Alloy Personal Training franchise in Michigan, Alloy Personal Training, LLC must provide you with the Franchise Disclosure Document (FDD) at least 10 business days before you sign any binding franchise agreement or make any payment related to the franchise. This 10-business-day period is designed to give you adequate time to review the FDD and seek professional advice before committing to the franchise.

This requirement ensures that prospective franchisees have sufficient time to carefully consider the opportunity and make an informed decision. It also protects franchisees from feeling pressured into signing an agreement without proper due diligence. The disclosure document contains important information about the franchise system, including fees, obligations, and financial performance.

It is important to note that failure by Alloy to deliver the FDD within the specified timeframe could constitute a violation of federal and state laws. In such cases, the FDD indicates that you have the right to report this to the Federal Trade Commission and the appropriate state agency. Therefore, carefully track the date you receive the FDD and ensure it complies with the Michigan requirement.