What is the issuance date of this Best Brains disclosure document?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance Date: May 27, 2025
I have received a disclosure document dated May 27, 2025 that included the following Exhibits:
Exhibit A State Administrators and Agents for Service of Process
Exhibit B Franchise Agreement
Schedule 1-Franchise Location
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the issuance date is May 27, 2025. This date is important because it signifies when Best Brains, Inc. finalized the information presented in the FDD.
As a prospective franchisee, this date confirms the document's currency. Franchise regulations require franchisors to provide up-to-date information, and the issuance date helps ensure that the franchisee is reviewing the most recent details available at the time of disclosure.
Furthermore, the FDD includes a receipt that the prospective franchisee must sign, acknowledging they received a disclosure document dated May 27, 2025, along with a list of included exhibits. This receipt serves as proof that Best Brains provided the required disclosure materials within the legally mandated timeframe, which is typically 14 calendar days before signing any binding agreement or making payments.