factual

From October 1992 through March 19, 2001, how was the C12 Group business operated?

C12_Group Franchise · 2025 FDD

Answer 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 October 1992 through March 19, 2001, the C12 Group business operated as a sole proprietorship. It was owned and operated by Lester (Buck) Jacobs in Florida. The address of the sole proprietorship was 656 Flamingo Dr., Apollo Beach, Florida 33572.

On March 20, 2001, the business was reorganized as a Florida limited liability company. This change marked a transition from individual ownership to a more structured business entity. Later, on January 1, 2005, the Florida limited liability company was merged into a North Carolina limited liability company, with the latter being the surviving entity. This merger indicates further organizational restructuring and expansion of the C12 Group's operations.

On September 1, 2016, the North Carolina limited liability company was redomesticated into a Texas limited liability company through a statutory conversion process. Since then, the C12 Group has been operating as a Texas limited liability company. The FDD states that the C12 Group's business model, which is an executive development program for Christian business owners, CEOs, presidents, and their key staff, has remained substantially the same since its founding in 1992.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.