What is a Big Blue Swim School franchisee acknowledging about the risks of investing in a Big Blue Swim School?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
(10) Investing in a BIG BLUE Swim School involves business risks that could result in your losing a significant portion or all of your investment.
- (11) Your business abilities and efforts are vital to your success.
(12) We have not made any representation, warranty, or other claim regarding this BIG BLUE Swim School franchise opportunity other than those made in this Agreement and our franchise disclosure document, and you independently evaluated this opportunity.
(13) You had an opportunity to ask questions and to review materials of interest to you concerning the BIG BLUE Swim School franchise opportunity.
(14) You had an opportunity, and we encouraged you, to have an attorney or other professional advisor review this Agreement and all other materials we gave or made available to you.
Source: Item 22 — CONTRACTS (FDD pages 75–76)
What This Means (2025 FDD)
According to the 2025 Big Blue Swim School Franchise Disclosure Document, a prospective franchisee acknowledges several factors regarding the risks of investing in a Big Blue Swim School franchise. The franchisee recognizes that investing in a Big Blue Swim School involves business risks that could result in losing a significant portion or all of their investment. They also acknowledge that their own business abilities and efforts are vital to their success. This highlights the importance of a franchisee's active involvement and competence in managing the business.
Furthermore, the franchisee confirms that they have independently investigated the Big Blue Swim School franchise opportunity. This includes understanding that the nature of the swim school's business may evolve and change over time. This acknowledgment suggests that franchisees should be prepared for potential changes in the market, business model, or operational practices.
In addition, the franchisee agrees that Big Blue Swim School has not made any representation, warranty, or other claim regarding the franchise opportunity beyond what is stated in the Franchise Agreement and the Franchise Disclosure Document. The franchisee also confirms they had the opportunity to ask questions, review materials, and seek advice from an attorney or other professional advisor. This emphasizes the importance of due diligence and independent evaluation of the franchise opportunity by the prospective franchisee.