The Discovery Process
The Discovery Process
At Always Best Care, we believe in providing you with all the information you need to make an informed decision about our business franchise opportunities. Our Franchise Disclosure Document (FDD) has comprehensive information regarding all matters of importance to prospective franchisees. The purpose of the FDD is to protect the public by providing information about the franchise company. Your Franchise Disclosure Document and franchise agreement are the indispensable “twin tablets” of franchising — essential legal documents that spell out the relationship between the franchisor and franchisees. Required by law, the Franchise Disclosure Document, (formerly known as the UFOC, or Uniform Franchise Offering Circular), informs prospective franchisees of their rights and obligations before they sign the franchise agreement. Your Franchise Development Specialist will gladly provide you with the Always Best Care Franchise Disclosure Document for your specific state. There are 23 categories of information that are provided by Always Best Care to prospective franchisees; these categories include:
- The franchisor, its predecessors and affiliates
- Business experience
- Litigation
- Bankruptcy
- Initial franchise fee
- Other fees
- Initial investment
- Restrictions on sources of products
- Franchisee’s obligations
- Financing
- Franchisor’s obligations
- Territory
- Trademarks
- Patents, copyrights, and proprietary information
- Obligation to participate in the actual operation of the franchised business
- Restrictions on what the franchisee may sell
- Renewal, termination, transfer and dispute resolution
- Public figures
- Earnings claims
- List of franchise outlets
- Financial statements
- Contracts
- Receipt
In addition to the printed material of the Franchise Disclosure Document, it’s also beneficial to hear about a business franchise opportunity from actual franchisees, learn what they have to say about their businesses, and about their relationships with Always Best Care. Here are just a few things they say about their experience with Always Best Care.