What is an FDD or UFOC?
Franchise Disclosure Document or Uniform Offering Circular) This is the disclosure document the Federal Trade Commission requires every franchisor to provide the prospective franchisees before they purchase a franchise. It provides valuable information a person will need prior to making their purchase decision, including required fees, initial investment, failures, litigation, company history, etc. This is a very useful tool that needs to be thoroughly examined during the investigation process.
