Sunday, January 4, 2009
Ask Franchisees How They Like The Franchise
Before you invest any money in a franchise, the franchisor will provide you with 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.
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