When buying a franchise in New Jersey‚ there are several steps you should be taking alongside your franchise lawyer. First‚ you need to evaluate your franchise expectations. Second‚ you must determine and evaluate whether or not your “expectations” are consistent with the disclosures contained in the FDD and the legal obligations set forth in the franchise agreement.
Your franchise lawyer will then evaluate and assess the FDD and assist you in comparing your “expectations” with the legal and economic “realities” disclosed in the FDD.
Next Step: Evaluate whether or not this franchise is right for you. Read about it here.