factual

Does the Canine Dimensions Franchisee Disclosure Acknowledgment Statement ask if the franchisee has discussed the benefits and risks of establishing and operating a Franchised Business with an advisor?

Canine_Dimensions Franchise · 2025 FDD

Answer from 2025 FDD Document

Have you discussed the benefits and risks of establishing and operating a Franchised Business with an attorney, accountant, or other professional advisor, or made the decision not to consult with one? Yes No

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 33–35)

What This Means (2025 FDD)

According to Canine Dimensions' 2025 Franchise Disclosure Document, the Franchisee Disclosure Acknowledgment Statement does inquire whether the franchisee has consulted with an advisor regarding the franchise. Specifically, the questionnaire asks: "Have you discussed the benefits and risks of establishing and operating a Franchised Business with an attorney, accountant, or other professional advisor, or made the decision not to consult with one?" with a 'Yes' or 'No' response.

This question is designed to ensure that prospective Canine Dimensions franchisees have carefully considered the pros and cons of investing in the franchise and haven't made the decision without seeking professional guidance. By asking this, Canine Dimensions aims to confirm that franchisees are entering the agreement with a clear understanding of the business and its potential challenges.

The inclusion of this question in the Acknowledgment Statement serves as a protective measure for both Canine Dimensions and the franchisee. It highlights the importance of due diligence and informed decision-making, which are crucial for the success of any franchise venture. It also acknowledges that some franchisees may choose not to consult with an advisor, but the question ensures they have at least considered this option.

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.