July 16, 2010, Newsletter Issue #137: Be Involved In Writing The UFOC

Tip of the Week

Since the Uniform Franchise Offering Circular (UFOC) is the legal document that controls the franchise relationship, it is imperative that it be comprehensive and correct.

An attorney will write the UFOC, but you should be extremely involved in the process. Do not accept a generic UFOC document. The general format may be “off-the-shelf,” but it will be customized to your situation and specifics.

You will be bound by this document. It is imperative that you examine and review all of your franchise documents personally.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Franchise Tip Site? Request a Tip Now!


Guru Spotlight
Phyllis Serbes