Where can an All States M.E.D. franchisee find the approved form for the Gross Revenues Report?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee shall maintain an accurate record of Gross Revenues and shall deliver to Franchisor electronically a signed and verified statement of Gross Revenues ("Gross Revenues Report") for the month ending each month by the 5th day of each month in a form that Franchisor approves or provides in the Operations Manual.
Source: Item 23 — RECEIPTS (FDD pages 44–174)
What This Means (2024 FDD)
According to All States M.E.D.'s 2024 Franchise Disclosure Document, the franchisee must deliver a signed and verified statement of Gross Revenues to the franchisor electronically each month by the 5th day of the month. This statement is called the "Gross Revenues Report." The specific form that the franchisee must use to submit this report is either approved or provided by All States M.E.D. in the Operations Manual.
The Operations Manual contains the standards, methods, procedures, and specifications of the All States M.E.D. system. It may be in paper or electronic form and can be revised by the franchisor at any time.
Therefore, to ensure compliance, prospective All States M.E.D. franchisees should review the Operations Manual carefully and confirm with the franchisor the exact form and method for submitting the Gross Revenues Report.