According to the 2025 Beauty Bungalows Franchise Disclosure Document, Appendix D to the Franchise Agreement is the 'Statement of Ownership'. However, the document does not specify any particular requirements or instructions related to completing or submitting this statement. The inclusion of 'Statement of Ownership' as an appendix suggests that Beauty Bungalows requires franchisees to disclose ownership details.

Without specific details in the provided excerpts, it is unclear what information Beauty Bungalows requires in the Statement of Ownership, when it must be submitted, or what purpose it serves in the franchise relationship. It is common practice for franchisors to collect ownership information to understand who controls the franchise and to ensure compliance with the agreement.

A prospective Beauty Bungalows franchisee should ask the franchisor for details about the Statement of Ownership, including what information is required, when the statement needs to be submitted (e.g., upon signing the agreement, annually, or upon changes in ownership), and how the information is used by Beauty Bungalows. Understanding these requirements is essential for fulfilling the franchisee's obligations and maintaining transparency with the franchisor.