What is the effective date of the Best Brains Franchise Agreement in Michigan?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor: Best Brains, Inc. Hana Adas, Vice President Effective Date: [must be 15 days after FDD disclosure]
EXHIBIT J
STATE EFFECTIVE DATES
The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin.
This document is effective and may be used in the following states, where the document is filed, registered or exempt from registration, as of the Effective Date stated below:
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to the 2025 Best Brains Franchise Disclosure Document, the effective date of the franchise agreement in Michigan is determined as 15 days after the FDD disclosure. Best Brains is required to register or file their Franchise Disclosure Document in Michigan, along with other states that have franchise laws. Therefore, the franchise agreement can only be considered effective in Michigan after Best Brains has met the state's registration or filing requirements and after the 15-day disclosure period has passed.
This means a prospective Best Brains franchisee in Michigan must receive the FDD at least 15 days before signing the franchise agreement. This 15-day period allows the franchisee to review the document and seek professional advice before making a commitment. The actual effective date will depend on when Best Brains provides the FDD and when the franchisee signs the agreement, keeping in mind the 15-day waiting period.
It is important for potential franchisees to confirm with Best Brains the exact date the FDD was provided to ensure compliance with Michigan state law. Franchisees should also verify that Best Brains has completed all necessary registration or filing requirements in Michigan before signing the agreement to ensure its validity.