What action does the prospective Bambu franchisee acknowledge they have taken regarding the names of people they dealt with in the purchase of their Bambu shoppe?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
| 7. | I have been advised by BFL and its representatives to seek professional legal and financial advice in all matters concerning the purchase of my Bambū shoppe. |
|---|---|
| 8. | I acknowledge that the success of my Bambū shoppe depends in large part upon my ability as an |
| independent business person and my active participation in the day-to-day operation of the | |
| shoppe. | |
| 9. | The name(s) of the person(s) with whom I dealt in the purchase of my Bambū shoppe is/are |
| I acknowledge that I have | |
| listed this/these person(s) on the receipt page of the Franchise Disclosure Document and | |
| delivered the executed receipt page to BFL. | |
| Dated: | |
| PROSPECTIVE FRANCHISEE | |
| Print Name | |
| By: | |
| Title: |
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to the 2025 Bambu Franchise Disclosure Document, a prospective franchisee acknowledges that they have listed the names of the individuals they interacted with during the purchase of their Bambu shoppe on the receipt page of the Franchise Disclosure Document. Furthermore, they confirm that they have delivered the executed receipt page to Bambu Franchising LLC (BFL). This process ensures that Bambu has a record of who was involved in the franchise sales process.
This requirement is a standard practice in franchising, allowing Bambu to track interactions and maintain transparency in its franchise sales process. By providing this information, the franchisee confirms their due diligence and acknowledges the individuals who represented Bambu during the transaction. This helps Bambu maintain accountability and address any potential issues that may arise from the sales process.
The franchisee's acknowledgement is documented with a date and signature, solidifying the agreement. This receipt serves as a formal record of the franchisee's understanding and compliance with Bambu's requirements regarding the disclosure of involved parties. This measure protects both the franchisee and Bambu by ensuring clarity and transparency in the franchise acquisition process.