Besides the Franchisor, who else attests to the receipts for a Cinch I.T. franchise?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
| Please provide honest and complete responses to each of the following: |
|---|
| 1. Have you received and personally reviewed our Franchise Agreement and all its attachments? Yes |
| No |
| CONSIDER THE FOLLOWING QUESTIONS IN REGARD TO INFORMATION PROVIDED DIRECTLY |
| FROM FRANCHISOR OR ITS REPRESENTATIVES (NOT ITS FRANCHISEES): |
| 2. Has any employee, broker or other person representing Franchisor made any statements or promises concerning |
| the revenues, profits or operating costs of a CINCH I.T. franchise? |
| Yes No |
| 3. Has any employee, broker or other person representing Franchisor made any statements or promises, other than |
| those disclosed at Item 19 of the Disclosure Document, concerning the amount of money you may earn in the operating |
| of a CINCH I.T. franchise? |
| Yes No |
| 4. Has any employee, broker or other person representing Franchisor made any statements or promises concerning |
| the likelihood of success that you should or might expect to achieve from operating a CINCH I.T. franchise? |
| Yes No |
| 5. Has any employee, broker or other person representing Franchisor made any statements or promises concerning |
| the advertising, marketing, training or support service or assistance that we will furnish to you that contradicts any |
| information in the FDD? |
| Yes No |
| 6. Has any employee, broker or other person representing Franchisor made any statements or promises concerning |
| the costs you may incur in starting or operating a CINCH I.T. franchise that contradicts any information in the FDD? |
| Yes No |
| 7. Has any employee, broker or other person representing Franchisor made any statements or promises or agreements |
| relating to a CINCH I.T. franchise that contradicts any information in the FDD? |
| Yes No |
| If you have answered Yes to any of the questions numbered 2 through 7 above, please provide a full explanation for |
| each. Attach additional pages if necessary. |
| 8. I signed the Franchise Agreement and Addendum (if any) on,, and acknowledge that no |
| Agreement or Addendum is effective until signed and dated by Franchisor. |
Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
Based on the 2024 Franchise Disclosure Document, the receipts related to a Cinch I.T. franchise are also acknowledged by the franchisee. The document includes a section where the prospective franchisee confirms they have received and personally reviewed the Franchise Agreement and all its attachments.
Additionally, the franchisee must answer a series of questions regarding statements or promises made by the franchisor or its representatives. These questions cover topics such as revenue, profits, operating costs, potential earnings, likelihood of success, advertising, marketing, training, support services, and any costs associated with starting or operating the franchise. The franchisee is required to provide honest and complete responses to these questions.
Finally, the franchisee acknowledges the date they signed the Franchise Agreement and any addenda, confirming that the agreement is not effective until signed and dated by the franchisor. This entire process ensures that the franchisee is fully aware of the terms and conditions of the franchise agreement and any representations made by the franchisor.