In Michigan, how many business days before the execution of any binding agreement or payment of consideration must Crave provide the disclosure document?

According to Crave's 2025 Franchise Disclosure Document, Michigan requires that Crave provide the Franchise Disclosure Document to prospective franchisees at least 10 business days before the execution of any binding franchise or other agreement, or before any payment of consideration, whichever comes first. This regulation ensures that potential franchisees have sufficient time to review the document and seek professional advice before making any commitments or payments to Crave.

This disclosure period is designed to protect franchisees by allowing them to make informed decisions. The 10-business-day period gives franchisees an opportunity to fully understand the terms and conditions of the franchise agreement, assess the risks and benefits, and consult with legal and financial advisors.

If Crave fails to deliver the Franchise Disclosure Document within the required timeframe or if the document contains false or misleading information, it could be a violation of federal and state laws. In such cases, prospective franchisees are advised to report the issue to the Federal Trade Commission and their state authority.