A Uniform Franchise Offering Circular (UFOC), now called a Franchise Disclosure Document (FDD) is a disclosure document that the Federal Trade Commission (FTC) requires franchisors to give potential franchisees before granting a franchise.
Some basic disclosures that must be made in the UFOC are:
Setting up a franchise branch can be an incredibly complex process that has many legal consequences. A business attorney who has experience dealing with franchise contracts and UFOCs can be invaluable to help a potential franchisee negotiate fair terms that are in the best interest of the franchisee.
Last Modified: 05-02-2014 09:10 PM PDTLaw Library Disclaimer
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