In what state was All Team formed?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
For the years ended December 31, 2024 and 2023
NOTE 1 – BACKGROUND INFORMATION
The Company is engaged in franchising businesses that provide temporary employment services and management placement throughout the United States.
The Company was formed June 18, 1986 in the State of Missouri and commenced activities on July 1, 1986.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, All Team was formed in the State of Missouri on June 18, 1986, and commenced activities on July 1, 1986.
This information is relevant for a prospective franchisee as it provides insight into the company's background and establishment. Knowing the state of formation can be useful for legal and business context, especially when considering the franchise agreement and any potential legal matters.
Understanding the company's history, including its formation date and location, can help a franchisee assess the stability and experience of All Team as a franchisor. This information contributes to a comprehensive understanding of the franchise system and its operational background.