For Anago, what name should the Subfranchisor use for its separate operating account?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
Subfranchisor will set up a separate operating account in its corporate name d/b/a "Anago of [Insert Area]".
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, a Subfranchisor must establish a separate operating account using its corporate name doing business as "Anago of [Insert Area]". This means the Subfranchisor's legal corporate name must be used, followed by "d/b/a Anago of" and then the specific geographic area they service. For example, if "ABC Corp." is awarded a subfranchise in Tampa, Florida, the operating account name would be "ABC Corp. d/b/a Anago of Tampa".
This naming convention serves multiple purposes. It clearly identifies the account as belonging to the Subfranchisor while also associating it with the Anago brand. This distinction is important for banking and financial record-keeping. It also ensures that customers and vendors recognize the local Anago operation as a part of the larger Anago franchise system.
The FDD also specifies that all client checks and payments should be made payable to the Anago Escrow Account, and the Subfranchisor is required to deposit these payments into that account daily. The Subfranchisor is responsible for paying sales tax from their operating account and for paying Unit Franchisees for their services.