What law governs the filing of Better Blend franchises in the State of Hawaii?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
HAWAII ADDENDUM TO DISCLOSURE DOCUMENT
In the State of Hawaii only, this Disclosure Document is amended as follows:
THESE FRANCHISES WILL BE/HAVE BEEN FILED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF HAWAII. FILING DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS OR A FINDING BY THE DIRECTOR OF COMMERCE AND CONSUMER AFFAIRS THAT THE INFORMATION PROVIDED HEREIN IS TRUE, COMPLETE AND NOT MISLEADING.
Source: Item 23 — RECEIPTS (FDD pages 43–157)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, the franchises in the State of Hawaii are filed under the Franchise Investment Law of the State of Hawaii. The disclosure document explicitly states this amendment for Hawaii only.
It is important to note that the filing of the franchise under this law does not imply approval, recommendation, or endorsement by the Director of Commerce and Consumer Affairs. Furthermore, it does not indicate that the Director has verified the truthfulness, completeness, or non-misleading nature of the information provided in the disclosure document.
Prospective franchisees in Hawaii should understand that while the franchise is filed under the Franchise Investment Law, they must still conduct their own due diligence. This includes carefully reviewing the disclosure document and all related agreements to fully understand the rights, conditions, restrictions, and obligations of both the franchisor and the franchisee. Seeking legal and financial advice is also recommended to ensure a comprehensive understanding of the investment.