Small Business Resources, Business Advice and Forms from AllBusiness.com

How Do I Get Expert Help When Buying a Franchise?

Date: Wednesday, February 21 2007

If you are serious about purchasing a franchise, you will be given a copy of the franchisor's Uniform Offering Circular (UFOC), which contains financial and material information about the franchisor. It's smart to hire an accountant or a franchise attorney to review the UFOC and financial statements.

This professional service may cost anywhere from a few hundred to several thousand dollars, but it's a wise investment given how much you stand to lose if something goes terribly wrong.