What is the Canine Dimensions franchisee required to do if they do not understand the Disclosure Document?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
If no, what parts of the Franchise Agreement, any Addendum, and/or related agreement do you not understand? (Attach additional pages, if necessary.) provided to you? 5. Have you received and personally reviewed the Franchisor's Disclosure Document that was Yes No 6. Did you sign a receipt for the Disclosure Document indicating the date you received it? Yes No 7. Do you understand all of the information contained in the Disclosure Document and any state specific Addendum to the Disclosure Document? Yes No additional pages, if necessary.) If No, what parts of the Disclosure Document and/or Addendum do you not understand? (Attach 8. 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 9. Do you understand that the success or failure of your Franchised Business will depend in large part upon your skills and abilities, competition from other businesses, interest rates, inflation, labor and supply costs, location, lease terms, your management capabilities and other economic, and business factors? Yes No 10. Has any employee of a Broker or other person speaking on behalf of the Franchisor made any statement or promise concerning the actual or potential revenues, profits or operating costs of any particular Franchised Business operated by the Franchisor or its franchisees (or of any group of such businesses), that is contrary to or different from the information contained in the Disclosure Document? 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, franchisees are required to acknowledge their understanding of the Disclosure Document and related agreements. Specifically, the Franchisee Disclosure Acknowledgment Statement includes a series of questions designed to confirm that the franchisee understands the documents they have received.
Question 7 on the Franchisee Disclosure Acknowledgment Statement asks: "Do you understand all of the information contained in the Disclosure Document and any state specific Addendum to the Disclosure Document?" If the prospective franchisee answers "No" to this question, they are then prompted to explain what parts of the Disclosure Document and/or Addendum they do not understand. They are instructed to attach additional pages if necessary to provide a complete explanation.
This process ensures that Canine Dimensions is aware of any misunderstandings or concerns the franchisee may have before entering into the franchise agreement. By requiring a written explanation, Canine Dimensions aims to address these issues and ensure the franchisee is making an informed decision. This also protects Canine Dimensions from potential future claims that the franchisee was not fully aware of the terms and conditions of the franchise agreement.