| Many executive management teams have chosen to | | | | is no longer a franchisee.Additionally the company |
| use franchising as an option to grow their businesses | | | | name that they use may not be their actual name |
| and sell more products and services, while receiving | | | | and it will be difficult to find out who they are or |
| additional royalties from the franchise outlets. Each | | | | contact them. I can tell you, as a former Franchisor |
| one of these outlets must be listed in the Uniform | | | | that it is a major issue to keep the outlets pages |
| Franchise Offering Circular or UFOC, as required by | | | | organized and all the phone numbers, as they change |
| both Federal and some State regulatory bodies. The | | | | and sometimes when they are being built there is no |
| Uniform Franchise Offering Circular are to be given to | | | | phone number yet and people with unlisted numbers |
| each potential franchise buyer 10 days prior to | | | | may ask NOT to have their numbers listed for |
| purchase.It is very important for the Franchisor | | | | privacy reasons, I have had many such requests, |
| Business Management Team to have in place a | | | | because too many people call and the franchisee |
| system, which can constantly update the information | | | | wants to have a family life and run their business not |
| in the UFOC exhibits, which are attached to The | | | | answer testimonial phone call demands, how can you |
| Uniform Franchise Offering Circular. Often, there | | | | blame them.There should be NO franchisees numbers |
| seems to be discrepancies between information and | | | | or addresses listed in my opinion, as it is only used by |
| the uniform franchise offering circular and the | | | | lawyers, competitors and those who wish to hurt the |
| franchise agreement with what is in the exhibit pages | | | | franchisor. A franchise buyer should be allowed to |
| where the number of outlets and names and | | | | request in writing the nearest franchises to his |
| addresses of each franchisee are listed. In the | | | | potential location once qualified and not a minute |
| litigation section it is not required to cross reference | | | | before, the franchisor should have the option to say |
| the exhibit pages of franchise outlets names and | | | | NO for fear that the potential buyer might be a |
| phone numbers, although sometimes they do not | | | | competitor. The franchisee can go to the locations |
| match. This is because a franchise in litigation may | | | | him self or not buy the franchise. Simple. Please |
| have been terminated from the franchise system | | | | consider this in 2006.Lance Winslow - Online Think |
| and is no longer an outlet and therefore that person | | | | Tank forum board. |