The Franchise Companies use the Franchise Qualification application to:
To evaluate prospective franchise buyers (candidates).
Pre-screen and qualify candidates.
Determine which candidates are serious about evaluating their opportunity
as compared to the candidates that don't fill out the form.
Serves as a request for consideration for the Franchise Company's franchise
opportunity.
The Franchise Qualification Questionnaire will:
Qualify candidates based on their financial, professional, and personal
background & interests.
Helps AT Franchise Consultants in the franchise selection process.
Allow candidates to receive preferential treatment and priority when speaking
with the franchise company since they’re viewed as serious candidates.
Receive the Uniform Franchise Offering Circular (UFOC) and brochures instead
of just receiving the brochures.
The Uniform Franchise Offering Circular (UFOC)
provides:
The UFOC is the Federal Trade Commission’s mandated disclosure document.
This document provides critical background information on the franchise in
over 20 key areas.
Allow you to thoroughly evaluate and investigate the franchise opportunity
with the information included in the UFOC.
Some of the key areas covered in the UFOC are: financial statements, full
business history of franchise & its officers, litigation, bankruptcy,
detailed investment information, party obligations, and list of existing franchisees.
