In the Ohio Rider, what does 'BOPA' stand for in relation to the Better Blend franchise?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
consent to a limitation of claims. The statute of limitations under North Dakota law applies.
- (10) Enforcement of Agreement: The prevailing party in any enforcement action is entitled to recover all costs and expenses including attorney's fees.
- 3. Effective Date. This Rider is effective as of the Effective Date.
BETTER BLEND FRANCHISING, LLC
**OHIO RIDER TO FRANCHISE AGREEMENT [**if applicable: AND MULTI-UNIT DEVELOPMENT AGREEMENT]
Franchising, LLC, an Ohio limited liability company ("Franchisee"). This Rider amends the Franchise Agreement [if applicable: and Multi-Unit Development Agreement] dated (the "Agreement"), between Better Blend ("BBF") and, a 1. Definitions. Code of Ohio, Title XIII, Chapter 1334. Capitalized terms used but not defined in this Rider have the meanings given in the Agreement. The "BOPA" means the Ohio Business Opportunity Act, codified in Revised 2. Franchisee acknowledges that BBF Applicability of BOPA.
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, the term "BOPA" is defined within the Ohio Rider to the Franchise Agreement. Specifically, "BOPA" means the Ohio Business Opportunity Act, which is codified in Revised Code of Ohio, Title XIII, Chapter 1334.
Better Blend includes this rider out of an abundance of caution, clarifying that neither the execution of the rider nor any other act by Better Blend constitutes an admission that BOPA applies to the franchise transaction. This suggests that Better Blend aims to ensure compliance with Ohio regulations while maintaining that the franchise offering may not necessarily fall under the purview of the Ohio Business Opportunity Act.
For a prospective franchisee in Ohio, this means understanding the implications of the Ohio Business Opportunity Act. While Better Blend provides the rider as a precaution, franchisees should be aware of their rights and obligations under Ohio law. It is advisable to seek legal counsel to fully understand the applicability of BOPA to their specific franchise agreement and to ensure compliance with all relevant regulations.