Written on March 13, 2007 at 9:29 am by

UFOC Explained

Filed under Legal 2 comments

What is the UFOC, and what does it disclose and why?  The following article from 2004 goes through the basics of a UFOC.

Hey, get a clue! Find out why the uniform franchise offering circular has been a franchisee’s best friend for 25 years

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Article by Ryan Knoll

Ryan is an attorney and valuation specialist residing in Chicago. He chronicles his thoughts and research on FranchisePundit.com. You may reach him by email ryanknoll@gmail.com or mobile telephone 312-715-8115. Read 448 articles by
2 Comments Post a Comment
  1. Nick says:
    March 22, 2007 at 1:14 am

    Anything about the new FTC franchise rule? We’ve been waiting 25 years for this… I think it’s a good thing the FTC FINALLY came up with this new rule. Big change for franchisors who will now be able to email their UFOC and still be compliant – as long as they can keep a record of acknowledgment of receipts!

    Reply
  2. Al says:
    March 22, 2007 at 6:07 pm

    Nick wrote on March 22, 2007 @ 1:14 am:

    Anything about the new FTC franchise rule? We’ve been waiting 25 years for this… I think it’s a good thing the FTC FINALLY came up with this new rule. Big change for franchisors who will now be able to email their UFOC and still be compliant – as long as they can keep a record of acknowledgment of receipts!

    It goes into effect in July, 2007. I believe there is a rolling compliance window after that, but all will need to comply within 1 year.

    Reply

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