According to the Buildingstars franchise agreement, who is included in the definition of 'FRANCHISEE'?

According to the 2025 Buildingstars Franchise Disclosure Document, the definition of 'FRANCHISEE' extends beyond just the individual or entity signing the agreement. For a corporation or limited liability company, 'FRANCHISEE' includes all persons and their spouses owning any interest in the company. If the franchisee is a partnership, the definition includes all partners and their spouses owning any interest. In the case of a sole proprietorship, 'FRANCHISEE' encompasses all of the individuals and their spouses owning any interest in the business.

This broad definition has significant implications for all parties involved in the franchise. Spouses are also obligated under the agreement, regardless of whether the interest is owned by just one or both spouses. This means that the actions and obligations of the franchise extend to both the franchisee and their spouse, creating a shared responsibility for upholding the terms of the agreement.

For prospective Buildingstars franchisees, this definition highlights the importance of fully informing all owners and their spouses about the obligations and responsibilities outlined in the franchise agreement. It ensures that all parties with a vested interest in the franchise are aware of their duties and potential liabilities. This comprehensive definition aims to prevent disputes and ensure that all individuals involved are committed to the success and compliance of the Buildingstars franchise.