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Franchising Laws, Uniform Franchise Offer Circular, The Franchise Rule
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Franchising Law can be confusing for both franchisors and franchisees. If you are considering buying a franchise, it makes
sense to review the following Franchising Laws including The Uniform
Franchise Offer Circular (UFOC) and the Franchise Rule.
The The Uniform Franchise Offer Circular and Franchise Rule are some of
the main laws regulating franchises.The Uniform Franchise Offer Circular is a
outline for disclosing franchisor information to prospective franchisees. The purpose of the UFOC is to protect
prospective franchisees by offering information about the franchise company.
Following is the complete Franchise Rule text as provided by the Federal
Trade Commission. There is also a guide to help better understand the Franchise
Rule.
This section not intended to give legal advice and may not be complete or
up to date with the most current franchising law changes. Please consult with a
experienced franchise attorney if you need franchising legal advice. |
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