From January 21, 2005 through August 31, 2016, how was the C12 Group business operated?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
C12's business model has been substantially the same since it was founded as a sole proprietorship in Florida by Mr. Jacobs in 1992. This business is an executive development program to serve the needs of Christian business owners, CEOs, presidents, and their key staff. This business was operated as a sole proprietorship from October 1992 through March 19, 2001, as a Florida limited liability company from March 20, 2001 through January 20, 2005, as a North Carolina limited liability company from January 21, 2005 through August 31, 2016, and as a Texas limited liability company from September 1, 2016 to present.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–9)
What This Means (2025 FDD)
According to the 2025 C12 Group Franchise Disclosure Document, from January 21, 2005 through August 31, 2016, the C12 Group business was operated as a North Carolina limited liability company. The company's business model has remained substantially the same since its founding in 1992. The C12 Group provides an executive development program tailored to Christian business owners, CEOs, presidents, and their key staff.
This means that during this period, the company was structured as a limited liability company in North Carolina, which could have implications for liability, taxation, and regulatory compliance. Prospective franchisees should understand the legal and operational environment in which C12 Group operated during this time, as it may provide insights into the company's evolution and stability.
It is important to note that on September 1, 2016, the North Carolina limited liability company was converted into a Texas limited liability company. This change in legal structure may have had implications for the company's operations and governance. Franchisees should consider how these changes might affect their relationship with the franchisor and the overall franchise system.