Does the Buona franchise agreement allow for electronic signatures and delivery of the agreement via electronic mail?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement may be signed with full legal force and effect using electronic signatures and records. Delivery of this Agreement by facsimile, e-mail or other functionally equivalent electronic means of transmission constitutes valid and effective delivery.
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the franchise agreement can be signed with electronic signatures and records. Furthermore, the agreement can be delivered via facsimile, e-mail, or other similar electronic transmission methods, which will constitute a valid and effective delivery. This indicates Buona's willingness to use modern methods for finalizing agreements, which can save time and resources for both the franchisor and franchisee.
This approach aligns with the increasing trend of digital documentation and remote business operations. It allows prospective Buona franchisees to finalize agreements more efficiently, regardless of their physical location. The use of electronic signatures and email delivery can expedite the onboarding process, allowing franchisees to focus on setting up their business operations more quickly.
However, it is important for prospective franchisees to ensure they have the necessary technology and security measures in place to handle electronic documents and signatures securely. They should also confirm that they understand the legal implications of using electronic signatures in their jurisdiction. While Buona permits these methods, franchisees must still ensure they comply with all applicable laws and regulations regarding contract execution and delivery.