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Thursday, October 13, 2011
The Green Beans Coffee Franchise Disclosure Document (FDD)/Uniform Franchise Offering Circular (UFOC) contains 23 items of information published following the completion of the franchisor's fiscal year.
Key elements of the FDD / UFOC report include the full franchise agreement as well as extensive discussion of franchise fees, capital requirements, ongoing royalty and marketing expenses, financing options, site selection requirements, site build-out costs, training programs and costs, current and projected franchisor and franchisee-owned units, franchisee listings and contact information, franchisor historical financial performance, earnings performance, outstanding lawsuits, franchisor bankruptcy filings, and key executive biographies.
The Green Beans Coffee FDD/UFOC document is a must-buy for anyone seriously considering investing in a franchise business.
What is a UFOC/FDD, Uniform Franchise Offering Circular/Franchise Disclosure Document? The Federal Trade Commission (FTC) requires that certain information be disclosed to potential franchisees before a contract can be signed or any payment made. The information is presented to the prospective franchisee in the form of a document: the UFOC/FDD.
Franchise Registration States The FTC requires franchisors in every state to provide a UFOC/FDD. In addition, some states require that the offering must first be approved and registered by the state before it can be promoted to prospective franchise buyers. These states include: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. Certain states, such as Illinois and Minnesota, have even more stringent requirements for the franchisor.
How Do I Use this Franchise Document? The UFOC/FDD is similar to a securities prospectus. It can provide the information you need to evaluate a company or to target potential sales clients.
The UFOC/FDD is most valuable for potential franchisees, potential franchisors, franchisors, investors, financial companies and suppliers to franchisees.
Read more: http://www.bradenton.com/2011/10/14/3569012/research-and-markets-green-beans.html#ixzz1asaDTR5S
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For more information about becoming a Green Beans Coffee Company Franchise owner, including a franchise overview, start-up costs, fees, training and more, please visit our Green Beans Coffee Company Franchise Information page.
4304 Redwood Hwy #200
San Rafael,
CA
Phone: (415) 461-4023