Before you invest any money in buying a franchise, obtain and read in great detail the disclosure document you will receive.

The disclosure document tells you the costs involved to start one of the company's franchises. It will describe any initial deposit or franchise fee, which may be non-refundable, and costs for initial inventory, signs, equipment, leases, or rentals. Be aware that there may be other undisclosed costs. The following checklist will help you ask about potential costs to you as a franchisee.

* Continuing royalty payments.

* Advertising payments, both to local and national advertising funds.

* Grand opening or other initial business promotions.

* Business or operating licenses.

* Product or service supply costs.

* Real estate and leasehold improvements.

* Discretionary equipment such as a computer system or business alarm system.

* Training.

* Legal fees.

* Financial and accounting advice.

* Insurance.

* Compliance with local ordinances, such as zoning, waste removal, and fire and other safety codes.

* Health insurance.

* Employee salaries and benefits.

Compare different franchise programs to find the one best suited to you and your needs.