As of the provided effective dates, in which states is the Best Brains Franchise Disclosure Document 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)
Based on the 2025 Best Brains Franchise Disclosure Document, the document is effective and may be used in states where it is filed, registered, or exempt from registration. The states that have franchise laws requiring registration or filing are 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 the states where the Franchise Disclosure Document is currently pending as of the effective date. The document only indicates which states require registration or filing and confirms that the document is effective in those states where it has been properly filed, registered, or exempted.
Therefore, a prospective Best Brains franchisee should directly ask the franchisor which specific states have pending registrations to get the most up-to-date information. This information is crucial for understanding where they can legally begin offering franchises.