As of the effective date of this Best Brains Franchise Disclosure Document, in which states is the franchise registration pending?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
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)
The 2025 Best Brains Franchise Disclosure Document (FDD) states that certain states have franchise laws requiring registration, filing, or exemption of the FDD. As of the effective date, the document is effective for use in states where it has been filed, registered, or is exempt.
The FDD identifies states with franchise laws that require registration or filing, including California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
However, the excerpt does not explicitly list which of these states have pending registrations as of the effective date. For a prospective Best Brains franchisee, this means it's essential to confirm with Best Brains which specific states have completed their registration process and in which states registration is still pending. This information is crucial for understanding where you can immediately begin offering franchises and where there may be delays due to regulatory requirements.