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You have to determine what financing options you're going to offer to franchisees. You may offer direct, indirect or none. Whatever you're offering, you'll list it and the specific terms in Item 10 of the Uniform Franchise Offering Circular (UFOC). You may want to discuss your finance offerings with your accountant. You certainly want to fully understand the implications of offering financing. You will also have to specify if you guarantee any notes, leases or other obligations.
|Jennifer Mathes, Ph.D.|