2. Investigate the Uniform Franchise Offering Circular. This is a document required from all franchisors. It should have information on:

a. The history of the franchise, its officers, and directors

b. A list of all costs and fees

c. The obligations of all parties

d. A list of relevant litigation

e. The success rate of units in the system

f. Audited financial statements g. A list of existing franchisees h. A copy of actual franchise agreement