table_specific

Which items in the Card My Yard FDD relate to inspections and audits?

Card_My_Yard Franchise · 2025 FDD

Answer from 2025 FDD Document

t least 5 promotional messages on both Facebook and Instagram each week.

If requested, you must submit to us any reports (including substantiating receipts) detailing your local advertising expenditures that we may require. We may reallocate the proportion of those monies directed to local advertising (individually or through a Cooperative) and to the Marketing Fund. (Franchise Agreement, Section IX.) Provided that all discounted or donated yard greeting services are properly recorded and reported using the Card My Yard e-commerce system, we will permit you to offer a reasonable number of discounted or donated yard greeting services from time to time and credit the discounted amounts applicable to those services against your local marketing requirements.

All advertising and promotions you place in any medium must be conducted professionally, must conform to our standards and requirements and must be approved by us before use, as described in Item 8.

You may not advertise, promote, post any information relating to the Card My Yard business that is misleading or reflects negatively on the Card My Yard brand in any way. You are authorized to advertise, promote, and post approved information relating to the Card My Yard business on the Internet through posts on social media sites such as Facebook, Instagram, Tik-Tok, Twitter, LinkedIn, Pinterest, etc., but we may, at our option, require you to immediately remove and delete any posts or other materials that we deem, in our sole discretion, to be misleading or reflecting negatively on the Card My Yard brand, and we may include information about your Card My Yard business on our website in our sole discretion.

We can designate any geographic area in which 2 or more company-owned or franchised Card My Yard businesses are located as a region for an advertising cooperative ("Cooperative"). We may require Cooperatives to

s. Inspections and audits Franchise Agreement Sections III., VI., Items 6, 8 and 11
VIII. and XII.
t. Transfer Franchise Agreement Section XV. Items 6, 12 and 17
u.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 34–43)

What This Means (2025 FDD)

According to Card My Yard's 2025 Franchise Disclosure Document, Item 11 discusses the requirement for franchisees to submit reports detailing local advertising expenditures if requested by Card My Yard. These reports must include substantiating receipts. Card My Yard retains the right to reallocate the proportion of monies directed to local advertising, either individually or through a Cooperative, and to the Marketing Fund.

Additionally, franchisees must submit statements and reports to any Cooperative they are a member of, as well as to Card My Yard, as required by either party. While Cooperatives will prepare an annual statement of their operations and make it available to members upon request, these statements are not required to be audited.

Furthermore, Card My Yard will prepare an annual statement of the Marketing Fund's operations, making it available to franchisees upon request. However, similar to the Cooperative's statements, the Marketing Fund's statements are not required to be audited. This means that while franchisees can access financial information, there is no guarantee of independent verification of these records.

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.