For Canine Dimensions, what is the 'Franchisee Disclosure Acknowledgment Statement' designed to determine about statements made during the franchise process?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
As you know, Canine Dimensions Franchising, LLC (the "Franchisor") and you are preparing to enter into a franchise agreement (the "Franchise Agreement") for the establishment and operation of a Canine Dimensions Business (the "Franchised Business"). The purpose of this Questionnaire is to determine whether any statements or promises were made to you by employees or authorized representatives of the Franchisor, or by employees or authorized representatives of a broker acting on behalf of the Franchisor ("Broker") that have not been authorized, or that were not disclosed in the Disclosure Document or that may be untrue, inaccurate or misleading. The Franchisor, through the use of this document, desires to ascertain: (a) that the undersigned, individually and as a representative of any legal entity established to acquire the franchise rights, fully understands and comprehends that the purchase of a franchise is a business decision, complete with its associated risks, and (b) that you are not relying upon any oral statement, representations, promises or assurances during the negotiations for the purchase of the franchise which have not been authorized by Franchisor.
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' is used by Canine Dimensions Franchising, LLC to determine if any unauthorized, untrue, inaccurate, or misleading statements or promises were made to the prospective franchisee during the franchise process. This includes statements made by employees or authorized representatives of Canine Dimensions or by brokers acting on their behalf.
The statement aims to confirm that the prospective franchisee understands that purchasing a franchise is a business decision with associated risks. It also seeks to ensure that the franchisee is not relying on any oral statements, representations, promises, or assurances that have not been authorized by Canine Dimensions.
In essence, Canine Dimensions uses this statement to protect itself from potential legal issues arising from misrepresentations or unauthorized promises made during the sales process. It also serves to reinforce the importance of the Disclosure Document as the primary source of information for prospective franchisees, ensuring they acknowledge the risks involved and are making an informed decision based on the official information provided by Canine Dimensions.