I was approached by a college of mine last week, asking if I was excited about a business alternative related to the sale and distribution of goods. That upon cost by the purchaser of $300 or extra, the vendor will provide a sales program or advertising and marketing program that may allow the purchaser to derive income from the business alternative that exceeds the price paid for the business alternative.
Bear in mind, the Florida Sale of Enterprise Opportunities Act requires the enterprise to present you, the potential purchaser, a duplicate of the disclosure statement for evaluation three (3) working days earlier than any money is given to the seller or a contract signed.
By establishing a MWSBE program, the Sewer District will make more investments within the regional economy by working with native corporations, increasing business alternatives with local MWSBE companies, and offering extra alternatives to qualified MWSBEs in our service area.
A: The Business Alternative Disclosure Act requires sellers of business opportunities to file with the division the specific information that is contained within the vendor’s disclosure statement or prospectus which it’s required to provide to its potential purchasers.
However, keep in mind that you do not get the ongoing help for a enterprise alternative, and that that you must conduct additional research, since it could not have the same legal obligations as franchises do to disclose sure particulars concerning the business, like the monetary well being of the operation.