Verify Profit ClaimsExaggerated profit claims are common in franchise and business opportunity sales.

Jun 6, 2003

Is a company promising you will make $10,000 a month in yourspare time? If it is a franchise, any statement about earnings(regarding others in the system or your potential earnings) mustappear in the Uniform Franchise Offering Circular. Read the UFOCand talk to five franchise owners who have attained the earningsclaimed.

Excerpted fromStart Your Own Business: The Only Start-Up GuideYou'll Ever Need

Editor's Pick

How a Friendship Between Jack Daniel and the Enslaved Man Who Taught Him About Whiskey Helped Revive a Black-Owned BusinessSet on Fire During George Floyd Protests

Communication Tips 7 Entrepreneurs and LeadersWish They'd Known in Their Early 20s

Here's How CEOs and MillionairesUse ChatGPT for a Productivity Boost

How to Identify Your Peak Productivity HoursDuring Your Work Day

7 SurefireWays to Find a Work-Life Balance This Summer

'More Crucial Now Than Ever Before,'The Biggest Franchise Trends of 2023, According to 17 Top Franchise Executives

Most Popular

See all

Starting a Business

How To Save Money: 10 Tips to Build Your Savings

Are you struggling to find ways each month to save money? Continue reading for some tips on how you can build up your savings.

By Entrepreneur Staff

Growing a Business

The Best Way to Run a Business Meeting

经常, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

By Jacqueline Whitmore

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

By Bryan Lovgren

Business News

'I Intend to Do This Until I Die': At 103 Years Old, 'Lobster Lady' Prepares for 95th Lobster Hauling Season

Virginia Oliver started hauling lobsters almost a century ago.

By Madeline Garfinkle

Starting a Business

8 Ways to Come Up With a Business Idea

If you're planning to start a business, you first need to figure out a winning concept. Consider these strategies to help get your creative juices flowing.

By Jane Porter