Is Buildingstars responsible for a franchisee's business plan development?
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, franchisees are responsible for developing their own business plans. The FDD specifies that Buildingstars franchisees must create a business plan that includes financial statements, projections, and other elements relevant to their specific circumstances. Buildingstars encourages prospective franchisees to seek guidance from accounting, business, and legal advisors to help them assess the potential financial performance of the franchise.
This means that Buildingstars does not provide a pre-made business plan or financial projections for its franchisees. Instead, each franchisee is expected to tailor a plan to their individual market and financial situation. This is a common practice in franchising, as business plans need to be customized to reflect local market conditions and individual franchisee capabilities.
Prospective Buildingstars franchisees should carefully consider the time and resources required to develop a comprehensive business plan. Seeking professional advice, as recommended by Buildingstars, may involve additional costs but could be beneficial in creating a realistic and achievable plan. While Buildingstars does not offer a business plan, they do provide financial performance representations in Item 19 of the FDD to give franchisees some data to work with in creating their own projections.