How can i be sure that the information provided in the disclosure document is truthful and accurate?
Even though inaccuracy and misrepresentation carry civil and sometimes severe criminal penalties, there is no way to be absolutely sure. The disclosure document makes fraud and deception less likely. However, because the franchisor has — under penalty of law — answered in written (or electronic) form a variety of very important questions you can use to judge the offer, IFA recommends that you carefully consider the information provided and evaluate the materials, including the history and reputation of the company and its officers, with the assistance of your lawyer and accountant. Also, be absolutely sure you talk to a substantial number of others who have already obtained franchises from the company you’re considering, and ask them to verify any information you question. Learn if they are “satisfied customers” of the franchisor.
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- How can I be sure that the information provided in the disclosure documents is truthful and accurate?
- How can i be sure that the information provided in the disclosure document is truthful and accurate?
