Have you discussed the purchase of a Caring Transitions franchise with a professional advisor?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. | Did you receive a copy of the signed the Franchise Agreement | or the remittance form | Franchise Disclosure Document at least 14 days before you or paid any money for the franchise? | |
|---|---|---|---|---|
| Yes | No | |||
| 2. | Did you read the franchise contracts and their exhibits? Yes | No | ||
| 3. | Do you understand everything in the franchise contracts and their exhibits? Yes If "No," what parts of (Attach additional pages if necessary.) | No the franchise contracts or their exhibits do you NOT understand? | ||
| 4. | Have you discussed your purchase of a Caring Transitions franchise with an attorney, accountant, or other professional advisor? Yes | No |
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, prospective franchisees are asked to confirm whether they have discussed their potential franchise purchase with a professional advisor such as an attorney or accountant. This is part of a larger Franchisee Acknowledgment Statement.
The FDD includes a table with a series of questions designed to ensure that the franchisee understands key aspects of the franchise agreement and the investment they are making. Question 4 specifically asks: "Have you discussed your purchase of a Caring Transitions franchise with an attorney, accountant, or other professional advisor?" with options to answer "Yes" or "No".
This acknowledgment is important because it highlights the significance of seeking professional advice before making a final decision. Caring Transitions wants to ensure that franchisees are fully informed about the legal and financial implications of the franchise agreement. While not mandatory, answering "No" to this question should prompt a prospective franchisee to seriously consider obtaining professional guidance before proceeding.