According to the 2025 Beauty Bungalows Franchise Disclosure Document, Appendix D to the Franchise Agreement is the Statement of Ownership. This document likely requires franchisees to disclose and affirm the ownership structure of their franchise entity.

For a prospective Beauty Bungalows franchisee, this means providing details about who owns the franchise, including names, addresses, and ownership percentages. This information helps Beauty Bungalows ensure transparency and compliance with the franchise agreement. It also allows Beauty Bungalows to understand who is ultimately responsible for the franchise's operations and financial obligations.

Franchisors typically require a statement of ownership to maintain accurate records and to ensure that all parties involved in the franchise are identified and accountable. This is a standard practice in the franchising industry, as it helps protect the franchisor's brand and interests by ensuring that the franchise is operated by responsible and disclosed individuals or entities.