For an All County franchise, what information about officers, if applicable, is required in Appendix A?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. | the Managing Owner is: | MANAGING OWNER. The name, home address, phone numbers and social security number of | |
|---|---|---|---|
| 2. | FORM OF OWNER. | ||
| 2.1. | Business Entity. What is the form of your business entity, e.g. corporation, partnership? | ||
| Date of Formation of Entity (Date of Incorporation, if applicable): | |||
| Federal Identification Number of Entity: | |||
| Appendix A shown above: | The following is a list of your directors, if applicable, and officers as of the effective date of | ||
| Name of Each Director/Officer/Partner | Position(s) Held | ||
| 3. | owner's interest. | OWNERS. The following list includes the full name and mailing address of each person who is | |
| one of your owners (as defined in the Franchise Agreement) and fully describe the nature of each | |||
| Owner's Name and Address | Description of Interest | ||
| (Must total 100%) | |||
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, Appendix A requires specific information about the franchisee's business structure, including details about its officers and directors, if applicable. This information is crucial for All County to understand the legal and operational structure of its franchisees.
Specifically, if the franchisee operates as a business entity (e.g., a corporation or partnership), Appendix A requires a list of the directors and officers as of the effective date. This list must include the name of each director, officer, or partner and their respective positions held within the entity. This requirement ensures that All County knows who the key decision-makers are within the franchisee's organization.
In addition to the list of officers and directors, Appendix A also requires the franchisee to specify the form of their business entity (e.g., corporation, partnership), the date of formation (or incorporation), and the Federal Identification Number of the entity. This information provides All County with a comprehensive overview of the franchisee's business structure and legal standing. Furthermore, the managing owner must provide their name, home address, phone numbers, and social security number.
For a prospective All County franchisee, this means being prepared to disclose detailed information about their business entity's structure, including the identities and roles of all officers and directors. This information is essential for completing the franchise agreement and ensuring compliance with All County's requirements.