What attachment contains the personal guaranty form for a Better Blend franchise?

According to Better Blend's 2024 Franchise Disclosure Document, the personal guaranty form is included as Attachment 3 to the Franchise Agreement. This document is titled "Guaranty and Non-Compete Agreement" and is executed by the guarantor in favor of Better Blend Franchising, LLC.

This agreement means that a prospective Better Blend franchisee should carefully review Attachment 3, as it outlines the obligations and responsibilities of the guarantor. Typically, a personal guaranty means that the individual signing the guaranty (often the franchisee or a principal of the franchisee entity) is personally liable for the financial obligations of the franchise. This could include debt, lease payments, and other liabilities.

The "Guaranty and Non-Compete Agreement" title suggests that the document also contains non-compete clauses, which restrict the guarantor's ability to engage in competitive business activities during and after the franchise agreement term. Franchisees should pay close attention to the terms of both the guaranty and the non-compete portions of this attachment, as they can have significant legal and financial implications.