Ask Franchisees How They Like The Franchise

April 18th, 2012
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Before you invest any money in a franchise, ask the franchisor for a copy of their Uniform Franchise Offering Circular (UFOC). The document contains information on 23 aspects/categories of the franchise operation including background & history, and a report on the financial shape of the business.

Contact info for all of the company’s franchisees can be found in Section 20 of the UFOC, providing a perfect & easy way to contact individuals and ask how they are doing with “the proven system of doing business”–their experiences will be valuable to you as you make your franchise investment decisions.

Posted in Running Your Business
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