When applying for a Buona franchise, what affirmation must the franchisee and owners make regarding the information provided in applications and financial statements?

According to Buona's 2025 Franchise Disclosure Document, both the franchisee and their owners must affirm that all information provided in any applications, financial statements, and other submissions is true, complete, and accurate in all respects. This acknowledgement explicitly states that Buona relies on the truthfulness, completeness, and accuracy of the provided information.

This requirement is a standard practice in franchising, as the franchisor needs to assess the financial stability and overall suitability of potential franchisees. By requiring this affirmation, Buona aims to ensure that franchisees are honest and transparent in their dealings with the company. This helps Buona make informed decisions about awarding franchises and protects the integrity of the brand.

Prospective Buona franchisees should take this affirmation seriously and ensure that all information they provide to Buona is accurate and verifiable. Any misrepresentation or omission could have serious consequences, including the termination of the franchise agreement. Franchisees should also be prepared to provide supporting documentation to verify the information provided in their applications and financial statements.