What does 'you' and 'your' refer to in the All Team Franchise Disclosure Document?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
To simplify the language in this franchise disclosure document, "us" or "we" and "ours" means All Team Franchise Corporation, the franchisor. "You" and "your" mean the person who buys the franchise. If a corporation, partnership or limited liability company will own the franchise, "you" and "your" also mean the owners of the corporation, partners of the partnership or members of the limited liability company. "Agency" means the business that you will operate under the Franchise Agreement.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–9)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the terms 'you' and 'your' refer to the person or entity purchasing the franchise. Specifically, if an individual buys the franchise, 'you' and 'your' refer to that person.
However, the definition extends beyond individuals. If a corporation, partnership, or limited liability company owns the All Team franchise, the terms 'you' and 'your' also encompass the owners of the corporation, the partners of the partnership, or the members of the limited liability company. This ensures that the obligations and responsibilities outlined in the Franchise Agreement apply not only to the business entity but also to the individuals who control it.
In practical terms, this means that prospective All Team franchisees should understand that the legal and financial commitments of the franchise agreement will directly affect them, whether they are operating as individuals or through a business entity. It is important for all parties involved—owners, partners, or members—to fully understand the terms of the agreement, as they will be held accountable for compliance.