What is the significance of the franchisee's initials on the Boulder Designs Franchise Disclosure Questionnaire?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
ame: | | | Position/Title: | Position/Title: | | | Home Address: | Home Address: | | | Telephone #: | Telephone #: | | | Mailing Address: | Mailing Address: | | | Email: | Email: | | | Percentage of ownership: | Percentage of ownership: | % | | % | | |
TO THE FRANCHISE AGREEMENT
FRANCHISE DISCLOSURE QUESTIONNAIRE
NOTICE FOR PROSPECTIVE FRANCHISEES WHO RESIDE IN, OR WHO INTEND TO OPERATE THE FRANCHISED BUSINESS IN THE STATE OF CALIFORNIA, MARYLAND, OR WASHINGTON: DO NOT COMPLETE THIS QUESTIONNAIRE OR TO RESPOND TO ANY OF THE QUESTIONS IN THIS QUESTIONNAIRE.
As you know, Boulder Designs Franchising, LLC and you are preparing to enter into a Franchise Agreement for the operation of a Franchised Business. In this Franchisee Disclosure Questionnaire, Boulder Designs Franchising, LLC will be referred to as "Boulder Designs", "We" or "Us." The purpose of this Questionnaire is to determine whether any statements or promises were made to you that we did not authorize and that may be untrue, inaccurate or misleading.
| Prospective Franchisee acknowledges: | Date | Initials | ||
|---|---|---|---|---|
| Date you received FDD | / | |||
| a franchise | Date of your first face-to-face meeting with a Boulder Designs Franchising representative for the purpose of discussing the sale or possible sale of | / | ||
| Date you received the Franchise Agreement with all blanks filled in except signatures Date you received a copy of any addendum or additional documents, if any, with all blanks filled in except signatures | / / | |||
| Date you signed the Franchise Agreement | Date you signed any addendum or additional documents | / / | ||
| representative | Earliest date you delivered a check or money to |
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to the 2025 Boulder Designs Franchise Disclosure Document, the Franchise Disclosure Questionnaire is used by Boulder Designs to determine if any unauthorized statements or promises were made to the prospective franchisee. The franchisee's initials on the questionnaire serve as an acknowledgment of key dates and understandings during the franchise sales process.
The questionnaire includes fields for the franchisee to initial, confirming the dates they received the FDD, had their first face-to-face meeting with a Boulder Designs representative, received the Franchise Agreement with all blanks filled in, and signed the Franchise Agreement. There are also fields to acknowledge the franchisee's business structure (Individual, Corporation, Partnership, etc.) and ownership details.
By initialing these sections, the franchisee confirms they have received and understood the information presented. This process helps Boulder Designs ensure that franchisees are fully informed about the franchise opportunity and that no unauthorized representations have been made. It also provides a record of the franchisee's due diligence and understanding of the terms and conditions of the franchise agreement.