Before signing any franchise jason jersey offerings, make sure to get a copy of the franchisor's disclosure document. This document is also referred to as the Franchise Offering Circular. Fifteen states in the United States, including California and New York, have franchise investment laws that jason jersey require franchisors to provide pre-disclosures to potential purchasers. Under the Federal Trade Commission's Franchise Rule, you must receive such a document at least ten business days before being asked to sign any contract or giving money to the franchisor.
Examine the entire disclosure document and make sure you understand all the provisions. If necessary, consult with an attorney. The disclosure document identifies the business background and the executives of the franchise system as well as their prior experience. Before you sign any franchise opportunity, consider not only the general business background, but also the
The Franchise Circular also gives you an idea about the franchise system you are getting into by full disclosure of previous litigations. The disclosure document tells you if a franchisor has been charged with lawsuits in the past. It likewise lets you know if any of its executives have been convicted of felonies involving fraud, any violation of franchise laws, unfair or deceptive practices, or criminal actions that are subject to any state or federal injunctions.
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