UFOC-FRANCHISING-FDD
A quick review of the FDD previously known as the UFOC, uniform franchise offering circular.
This document is required by franchisors when selling franchises. this document is brought to you through government regulation in an attempt to help an unscrupulous investor. Or at least that’s how I see it.
In addition to the above reasons the FDD gives give a franchisor multiple opportunities to arm themselves from possible litigation weather it be through a franchisee or customer. the FDD can be a complicated contractual agreement that should be reviewed by your team of accounts and lawyers. There are also a lot of pro bono work that is done in many communities where these professionals make there service available to those that are just starting out and have limited capital.
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it was very interesting to read.
I want to quote your post in my blog. It can?
And you et an account on Twitter?