Are you ready to buy into a franchise opportunity? If so, are you aware that you can avail of the Universal Franchise Offering Circular (UFOC), a legal document which gives you detailed information on any franchise opportunity operating within 15 US States?
This document is available from the Federal Trade Commission and will supply you with valuable information about:
The UFOC is basically your starting point for finding out detailed legal and financial information about a franchisor and franchise opportunity, and also in negotiating the terms of the Franchise Agreement.
It should raise some questions and issues that must be addressed before signing the agreement. You should also contact a legal representative to help with legal terminology stated within the UFOC. This is necessary to understand fully the terms and conditions outlined in the Franchise Agreement.
If you would like further information relating to the UFOC or on any aspect relating to the franchise industry, check out Franchise Direct’s quality content Information Center for all your franchising industry related queries.