To whom should violations regarding the Bft disclosure document be reported?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
If BFT Franchise SPV, LLC does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the appropriate state agency identified on Exhibit B.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, if the document is not delivered on time, contains false or misleading statements, or has material omissions, a violation of federal and state law may have occurred. In such cases, the violation should be reported to the Federal Trade Commission (FTC) in Washington, D.C. 20580, and to the appropriate state agency. The specific state agency to contact is identified in Exhibit B of the FDD.
This instruction is included in the receipt section of the FDD, emphasizing the importance of franchisees carefully reading the disclosure document and all related agreements. The FDD aims to provide transparency, and this reporting mechanism ensures that potential issues are addressed by the appropriate authorities.
Prospective Bft franchisees should pay close attention to Exhibit B, as it lists the relevant state agencies to contact in case of any discrepancies or violations related to the FDD. This allows franchisees to take appropriate action if they believe they have been provided with inaccurate or incomplete information.