The following outline will help you to understand key provisions of typical disclosure documents. Get a clarification or answer to your concerns before you
invest.
Business Background: The disclosure document identifies the executives of the franchise system and describes their prior experience. Consider not only their
general business background, but their experience in managing a franchise
system. Also consider how long they have been with the company. Investing with
an inexperienced franchisor may be riskier than investing with an experienced
one.
Litigation History: The disclosure document helps you assess the background of the franchisor and its executives by requiring the disclosure of prior
litigation. The disclosure document tells you if the franchisor, or any of its
executive officers, has been convicted of crimes involving Cheap Tony Pollard Jersey , for example, fraud.
Bankruptcy: The disclosure document tells you if the franchisor or any of its executives have recently been involved in a bankruptcy. This will help you to
assess the franchisor's financial stability.
Costs: The disclosure document tells you the costs involved to start one of the company's franchises. It will describe any initial deposit or franchise fee,
which may be non-refundable, and costs for initial inventory Cheap Connor McGovern Jersey , signs, equipment, leases, or rentals.
Restrictions: Your franchisor may restrict how you operate your outlet. The disclosure document tells you if the franchisor limits the supplier of goods
from whom you may purchase Cheap Trysten Hill Jersey , the goods or services you may offer for sale, the customers to whom you can offer goods or services or the territory in which you
can sell goods or services.
Terminations: The disclosure document tells you the conditions under which the franchisor may terminate your franchise and your obligations to the
franchisor after termination. It also tells you the conditions under which you
can renew, sell, or assign your franchise to other parties.
Training: The disclosure document will explain the franchisor's training and assistance program. Make sure you understand the level of training offered.
Advertising: You often must contribute a percentage of your income to an advertising fund even if you disagree with how these funds are used. The
disclosure document provides information on advertising costs.
Current and Former Franchisees: The disclosure document provides important information about current and former franchisees. Determine how many franchises
are currently operating. A large number of franchisees in your area may mean
increased competition. Pay attention to the number of terminated franchisees. A
large number of terminated Here are some useful tips on what to consider before buying a franchise. Before investing in any franchise system Michael Gallup Jersey , be sure to get a copy of the franchisor's disclosure document. Sometimes this document is called a Franchise Offering Circular. You
should read the entire disclosure document.
The following outline will help you to understand key provisions of typical disclosure documents. Get a clarification or answer to your concerns before you
invest.
Business Background: The disclosure document identifies the executives of the franchise system and describes their prior experience. Consider not only their
general business background, but their experience in managing a franchise
system. Also consider how long they have been with the company. Investing with
an inexperienced franchisor may be riskier than investing with an experienced
one.
Litigation History: The disclosure document helps you assess the background of the franchisor and its executives by requiring the disclosure of prior
litigation. The disclosure document tells you if the franchisor, or any of its
executive officers, has been convicted of crimes involving Cheap Tony Pollard Jersey , for example, fraud.Bankruptcy: The disclosure document tells you if the franchisor or any of its executives have recently been involved in a bankruptcy. This will help you to
assess the franchisor's financial stability.
Costs: The disclosure document tells you the costs involved to start one of the company's franchises. It will describe any initial deposit or franchise fee,
which may be non-refundable, and costs for initial inventory Cheap Connor McGovern Jersey , signs, equipment, leases, or rentals.Restrictions: Your franchisor may restrict how you operate your outlet. The disclosure document tells you if the franchisor limits the supplier of goods
from whom you may purchase Cheap Trysten Hill Jersey , the goods or services you may offer for sale, the customers to whom you can offer goods or services or the territory in which you
can sell goods or services.
Terminations: The disclosure document tells you the conditions under which the franchisor may terminate your franchise and your obligations to the
franchisor after termination. It also tells you the conditions under which you
can renew, sell, or assign your franchise to other parties.
Training: The disclosure document will explain the franchisor's training and assistance program. Make sure you understand the level of training offered.
Advertising: You often must contribute a percentage of your income to an advertising fund even if you disagree with how these funds are used. The
disclosure document provides information on advertising costs.
Current and Former Franchisees: The disclosure document provides important information about current and former franchisees. Determine how many franchises
are currently operating. A large number of franchisees in your area may mean
increased competition. Pay attention to the number of terminated franchisees. A
large number of terminated Dallas Cowboys Jerseys For Sale , cancelled, or non-renewed franchises may indicate problems.Earnings Potential: You may want to know how much money you can make if you invest in a particular franchise system. Be careful as earnings projections can
be misleading. Insist upon written substantiation for any earnings projections
or suggestions about your potential income or sales.
Financial History: The disclosure document provides you with important information about the company's financial status, including audited financial
statements. Be aware that investing in a financially unstable franchisor is a
significant risk; the company may go out of business or into bankruptcy after
you have invested your money.
Hire a lawyer or an accountant to review the franchisor's financial statements. Do not attempt to extract this important information from the
disclosure document unless you have considerable background in these matters.
Your lawyer or accountant can help you understand the information.
You may freely reprint this article provided the author's biography remains intact:
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Earnings Potential: You may want to know how much money you can make if you invest in a particular franchise system. Be careful as earnings projections can
be misleading. Insist upon written substantiation for any earnings projections
or suggestions about your potential income or sales.
Financial History: The disclosure document provides you with important information about the company's financial status, including audited financial
statements. Be aware that investing in a financially unstable franchisor is a
significant risk; the company may go out of business or into bankruptcy after
you have invested your money.
Hire a lawyer or an accountant to review the franchisor's financial statements. Do not attempt to extract this important information from the
disclosure document unless you have considerable background in these matters.
Your lawyer or accountant can help you understand the information.
You may freely reprint this article provided the author's biography remains intact:
More than 80% civil engineers are now not only convinced that Climate Change is taking place: They also claim to be worried about it, according to a poll of
519 Chartered UK Civil Engineers.
The poll was carried out by the New Civil Engineer Cowboys Jerseys For Sale , the official weekly magazine of the profession, which is sent out to all members of the Institution of Civil Engineers. It was
published in the 19 January 2006 edition.
What is more striking is that 56% said that they were prepared to change their lifestyles to help cut Britain's energy consumption, and 51% of those that
expressed an opinion say that they would be prepared to alter their lifestyles
to reduce the UK's greenhouse gas emissions, but would only do so - probably
quite pragmatically and reasonably - if pushed to so do by taxation or
legislation to take these steps. Also Cheap Dallas Cowboys Jerseys , in the response to these questions a surprisingly large percentage actually said they would be prepared to change
their lifestyle ?a lot?.
Subsequent editions have not raised any comment from the members in the letter page or the editorial. So we can assume that acceptance of
anthropomorphic Climate Change in the profession is mainstream and uncontested.
The poll was actually carried out to gauge the opinions of the profession on the nuclear debate currently underway; a debate which has been given additional
momentum by Dr Lovelock's view that global warming effects are so severe, and so
inevitable now, that unless the rate of carbon emissions are reduced in less
time than is available for normal political and economic action, there will be
no means by which the inevitable drift toward catastrophe of Climate Change can
be halted.
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