factual

What are the responsibilities of the CEO of Bevaris Alliance?

Bevaris_Alliance Franchise · 2024 FDD

Answer from 2024 FDD Document

Mr. Shamoon has been involved with Bevaris since 2008 and has been the CEO of Bevaris Alliance Franchise System, LLC, a Beverly Hills, California, Franchisor for the past five years.

Source: Item 2 — BUSINESS EXPERIENCE (FDD page 7)

What This Means (2024 FDD)

The 2024 Franchise Disclosure Document for Bevaris Alliance does not explicitly detail the CEO's responsibilities. However, it does identify Benice Shamoon as the CEO/Owner of Bevaris Alliance Franchise System, LLC. Mr. Shamoon has been involved with Bevaris since 2008 and has been the CEO for the past five years. This indicates that Mr. Shamoon has a long-standing history with the company and is responsible for its overall direction as the CEO.

While the FDD does not list specific duties, it mentions that management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. The auditor's report also refers to the responsibilities of management, implying that the CEO, as part of management, plays a role in these financial oversight functions.

Prospective franchisees should inquire with Bevaris Alliance for a comprehensive job description or list of responsibilities for the CEO to fully understand the scope of this role within the organization. Understanding the CEO's responsibilities can provide insight into the leadership and management structure of Bevaris Alliance, which can be a crucial factor for potential franchisees.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.