Does the All Team franchise receipt require you to acknowledge that protective actions taken by the government can impact your business?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| FDD? | |
|---|---|
| Yes | |
| No | |
| 11. | Has any employee or other person speaking on behalf of the Franchisor made any statement |
| or promise concerning the likelihood of success that you should or might expect to achieve | |
| from operating the business? | |
| Yes | |
| No | |
| 12. | Has any employee or other person speaking on behalf of the Franchisor made any |
| statement, promise or agreement concerning the advertising, marketing, training, support | |
| service or assistance that the Franchisor will furnish to you that is contrary to, or different | |
| from, the information contained in the FDD? | |
| Yes | |
| No | |
| 13. | Do you understand that this franchise business may be impacted by other risks, including |
| those outside your or our control such as local, national or global economic, political or | |
| social disruption, such as the 2020 COVID-19 outbreak and that such disruptions, and any | |
| preventative, protective, or remedial actions that federal, state, and local governments may | |
| take in response to a disruption may result in a period of business disruption, reduced | |
| customer demand, and reduced operations? | |
| Yes | |
| No |
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the franchise receipt includes an acknowledgement that the business may be impacted by events outside of the franchisee's or franchisor's control. Specifically, the receipt asks if the franchisee understands that the business may be impacted by local, national, or global economic, political, or social disruptions, such as the 2020 COVID-19 outbreak.
The receipt also asks if the franchisee understands that preventative, protective, or remedial actions that federal, state, and local governments may take in response to a disruption may result in a period of business disruption, reduced customer demand, and reduced operations. The franchisee must answer "yes" or "no" to indicate their understanding of these potential impacts.
This acknowledgement is important because it highlights the potential risks associated with owning an All Team franchise. By signing the receipt, the franchisee acknowledges that they are aware of these risks and that they are willing to accept them. This does not necessarily mean the franchisee waives any rights, but it confirms they were informed about these potential challenges before investing in the franchise. This type of acknowledgement is increasingly common in franchise agreements due to recent events that have significantly impacted businesses.