Is a Buildingstars franchisee required to establish and maintain a business checking account?

According to Buildingstars's 2025 Franchise Disclosure Document, franchisees are required to establish and maintain a business checking account. Specifically, the FDD states that the franchisee "shall establish a business checking account and will continue to maintain a business checking account throughout the term of this Agreement."

This requirement ensures that Buildingstars franchisees maintain organized and transparent financial records related to their business operations. By mandating a separate business checking account, Buildingstars aims to facilitate clear tracking of income and expenses, which is essential for accurate financial reporting and compliance with accounting principles.

For a prospective Buildingstars franchisee, this means setting up a dedicated bank account solely for business transactions. This account will be used for all income received from customers and all expenses related to running the franchise. Maintaining this account is not just a one-time setup; it's an ongoing obligation throughout the entire term of the Franchise Agreement. Failure to comply with this requirement could potentially lead to a breach of the agreement.