When is the agreement between Boulder Designs Franchising, LLC and the franchisee entered into relative to the Franchise Agreement?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Amendment to the Boulder Designs Franchise Agreement dated, 20 between | |
|---|---|
| Boulder Designs Franchising, LLC, ("Franchisor") and | |
| ("Franchisee") is entered into simultaneously with the execution of the Franchise Agreement. |
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to the 2025 Boulder Designs Franchise Disclosure Document, the amendment to the franchise agreement between Boulder Designs Franchising, LLC and the franchisee is entered into simultaneously with the execution of the Franchise Agreement. This means that both agreements are signed at the same time.
This simultaneous execution is a standard practice in franchising. It ensures that all parties are in agreement on all aspects of the franchise relationship from the outset. For a prospective Boulder Designs franchisee, this means that the terms and conditions outlined in both the Franchise Agreement and any amendments are effective immediately upon signing.
It is important for the franchisee to carefully review both documents before signing to fully understand their rights and obligations. This includes understanding the initial franchise fee, obligations to participate in national accounts programs, and any other specific terms outlined in the amendment.