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I often receive calls from people who are looking to start their own business and have been talking to franchisors about buying into a franchise system theyll have a franchise agreement in front of them and want an attorney to do a quick review and tell them there any red flags before they proceed to sign on the dotted line my first question to ask is whether they have read the franchise disclosure documents all too often the answer is that they have not read the documents only made a cursory review not wanting to take the time to read the very long document thats there because its too boring its not understandable its unnecessary and so on yes it does take hours to go through an entire franchise disclosure document but its a waste of your time and money to expect any meaningful legal advice in a one hour or two hour consult unless you have done at least three things number one read the entire disclosure document and all attachments including the franchise agreement to flag items
