For Bw Premier Collection, what identifying numbers are acceptable for the entity shareholders?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
-----------------------------------------------------------------|----------------------------|---| | Name of entity | Tax ID #/Employer ID # | | | | | | | LEVEL 2 - Breakdown of entity shareholders (use additional pages if necessary). | Percentage of ownership | | | SS#/SI#/Tax ID# | | % | | Full legal name | | | | Full legal name | SS#/SI#/Tax ID# | % | | | | | | Full legal name | SS#/SI#/Tax ID#
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to the 2025 Bw Premier Collection Franchise Disclosure Document, when providing a breakdown of entity shareholders, acceptable identifying numbers include Social Security Numbers (SS#), Social Insurance Numbers (SI#), and Tax Identification Numbers (Tax ID#). This information is required to identify the shareholders and their percentage of ownership in the entity.
This level of detail is typical for franchise applications, as franchisors need to assess the financial stability and background of all individuals involved in the ownership of the franchise. Providing these identifying numbers allows Bw Premier Collection to conduct necessary background checks and ensure compliance with legal and regulatory requirements.
Prospective franchisees should ensure they have this information readily available for all entity shareholders when completing the franchise application. Failure to provide accurate and complete information could delay the application process or even result in denial of the franchise.