Saturday, May 24, 2008
The UFOC and the Arizona Franchisee
The Uniform Franchise Offering Circular or (UFOC) as it is commonly referred may seem like a standard boilerplate document to some franchisees but it is very important. Not every UFOC (now typically referred to as the FDD or Federal disclosure document) is standard though many of the provisions may vary from franchise to franchise. The UFOC or FDD discloses many of the important issues regarding the role and responsibilities of the Franchisee. For more information on navigating this intricate document, you should consult with a franchise attorney especially if you are in Arizona or California and you can read more here.