Do the financial statements for Canine Dimensions Franchising, LLC include assets, liabilities, revenues, or expenses attributable to the member's individual activities?

According to Canine Dimensions' 2025 Franchise Disclosure Document, the company's financial statements include only the assets, liabilities, and results of operations related to the business of Canine Dimensions Franchising, LLC. The financial statements do not include any assets, liabilities, revenues, or expenses attributable to the member's individual activities. This means that the financial records presented are solely for the operation of the Canine Dimensions franchising business and do not reflect any personal financial activities of its members.

This distinction is important for prospective franchisees as it provides a clear picture of the financial performance of the franchise system itself, without being commingled with individual member's finances. This allows potential franchisees to assess the financial viability and performance of Canine Dimensions based on its own operational data.

Furthermore, the FDD states that Canine Dimensions Franchising, LLC is treated as a disregarded entity for Federal and State Income Tax purposes, and the tax effects of the company's income or loss are passed through to its sole member. This is a common practice for limited liability companies (LLCs) and means that the company itself does not pay income taxes; instead, the member reports the income or loss on their individual tax return.