factual

Who can certify the annual income statement for a Caring Transitions franchise?

Caring_Transitions Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (4) Upon request, Franchisee shall provide Franchisor with true and complete copies, certified by the Designated Individual, of Franchisee's organizational and governing documents.

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)

What This Means (2025 FDD)

Based on the 2025 Caring Transitions Franchise Disclosure Document, the Designated Individual is authorized to certify true and complete copies of the franchisee's organizational and governing documents upon request from the Franchisor.

This requirement ensures that Caring Transitions has access to accurate and up-to-date information regarding the ownership and structure of its franchisees' businesses. The Designated Individual, by certifying these documents, vouches for their authenticity and completeness.

It is important for prospective franchisees to understand who the Designated Individual is within their business entity and to ensure that this person is aware of their responsibility to provide certified documents to Caring Transitions when requested. This requirement helps maintain transparency and accountability within the franchise system.

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.