What actions must a Buona franchisee take to cancel any assumed names containing Buona's trademarks upon termination or expiration?

According to Buona's 2025 Franchise Disclosure Document, a franchisee must take specific actions regarding assumed names upon termination or expiration of their franchise agreement. Specifically, the franchisee must immediately take all necessary actions to amend or cancel any assumed name, fictitious or business name, or equivalent registration that contains any of Buona's trademarks. This also applies if the name in any way identifies the franchisee as being affiliated with the Buona system.

This requirement ensures that after the franchise agreement ends, the franchisee cannot continue to operate under a name that suggests an ongoing association with Buona. This protects Buona's brand identity and prevents potential confusion among customers who might assume the terminated or expired franchise is still an authorized Buona location.

In addition to canceling assumed names, the franchisee must also notify all suppliers, utilities, landlords, creditors, and others with whom they do business that they are no longer affiliated with Buona. The franchisee must provide proof of this notification to Buona within five days of the termination or expiration of the agreement. These steps are crucial for formally separating the franchisee's business operations from the Buona brand and system.