Collin Texas Checklist Regarding Matters that must be Disclosed to Prospective Franchisee in Accordance with FTC Franchise and Business Opportunity Rule

State:
Multi-State
County:
Collin
Control #:
US-02909BG
Format:
Word; 
Rich Text
Instant download

Description

A franchise or business opportunity seller must give the prospective buyer a detailed disclosure document at least ten (10) business days before the buyer pays any money or legally commit himself to a purchase. The disclosure document includes:

" Names, addresses, and telephone numbers of at least 10 previous purchasers who live closest to the buyer; " A fully audited financial statement of the seller; " Background and experience of the business's key executives; " Cost of starting and maintaining the business; and " The responsibilities buyer and the seller will have to each other once the buyer has invested in the opportunity.

Franchise sellers also must tell a prospective buyer in writing the number and percentage of owners who have failed.

How to fill out Collin Texas Checklist Regarding Matters That Must Be Disclosed To Prospective Franchisee In Accordance With FTC Franchise And Business Opportunity Rule?

Draftwing paperwork, like Collin Checklist Regarding Matters that must be Disclosed to Prospective Franchisee in Accordance with FTC Franchise and Business Opportunity Rule, to manage your legal matters is a challenging and time-consumming task. Many cases require an attorney’s participation, which also makes this task not really affordable. However, you can take your legal affairs into your own hands and deal with them yourself. US Legal Forms is here to save the day. Our website features more than 85,000 legal forms intended for a variety of cases and life situations. We ensure each document is compliant with the regulations of each state, so you don’t have to worry about potential legal pitfalls compliance-wise.

If you're already aware of our website and have a subscription with US, you know how straightforward it is to get the Collin Checklist Regarding Matters that must be Disclosed to Prospective Franchisee in Accordance with FTC Franchise and Business Opportunity Rule form. Simply log in to your account, download the template, and customize it to your needs. Have you lost your document? Don’t worry. You can get it in the My Forms folder in your account - on desktop or mobile.

The onboarding flow of new customers is just as straightforward! Here’s what you need to do before getting Collin Checklist Regarding Matters that must be Disclosed to Prospective Franchisee in Accordance with FTC Franchise and Business Opportunity Rule:

  1. Make sure that your template is compliant with your state/county since the regulations for creating legal paperwork may differ from one state another.
  2. Find out more about the form by previewing it or going through a brief description. If the Collin Checklist Regarding Matters that must be Disclosed to Prospective Franchisee in Accordance with FTC Franchise and Business Opportunity Rule isn’t something you were hoping to find, then take advantage of the search bar in the header to find another one.
  3. Log in or create an account to start using our service and download the document.
  4. Everything looks great on your side? Hit the Buy now button and choose the subscription plan.
  5. Select the payment gateway and type in your payment details.
  6. Your template is all set. You can try and download it.

It’s easy to find and purchase the appropriate template with US Legal Forms. Thousands of organizations and individuals are already benefiting from our rich collection. Subscribe to it now if you want to check what other advantages you can get with US Legal Forms!

Trusted and secure by over 3 million people of the world’s leading companies

Collin Texas Checklist Regarding Matters that must be Disclosed to Prospective Franchisee in Accordance with FTC Franchise and Business Opportunity Rule