Home | Legal | UFOC Explained

UFOC Explained

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

About Ryan Knoll

Attorney and advisor with an interest in franchising. Feel free to email me comments and questions on the "Contact Us" page.

2 comments

  1. 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!

  2. [quote comment=”6259″]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![/quote]
    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.

Leave a Reply

Your email address will not be published. Required fields are marked *