Does Buildingstars encourage franchisees to consult with advisors regarding financial performance?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
You are responsible for developing your own business plan with financial statements, projections and other elements appropriate to your particular circumstances. We encourage you to consult with your own accounting, business, and legal advisors to assist you in assessing the likely or potential financial performance of this franchise.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 31–34)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, Buildingstars encourages prospective franchisees to seek expert advice when evaluating the potential financial performance of a franchise. Specifically, Buildingstars advises franchisees to consult with their own accounting, business, and legal advisors to help them assess the likely or potential financial performance of the Buildingstars franchise.
Buildingstars emphasizes that franchisees are responsible for creating their own business plan, including financial statements and projections tailored to their individual circumstances. This suggests that Buildingstars does not provide specific financial projections for individual franchisees but rather offers general financial performance representations.
By recommending that franchisees consult with professional advisors, Buildingstars aims to ensure that franchisees make informed decisions based on a thorough understanding of their financial prospects. This is a common practice in franchising, as it helps to mitigate risks and promotes a more transparent relationship between the franchisor and franchisee.