What is the franchisee responsible for providing to City Wide to enable the provision of accounting services?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee will be solely responsible for providing City Wide with all requested and required documents, data, contracts, account information and access and other information and access reasonably requested by City Wide so that City Wide can provide the Services to Franchisee.
City Wide will not be responsible for the production of inaccurate information, records and billings or any other financial reports if the data submitted by Franchisee is inaccurate.
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, if a franchisee engages City Wide to provide accounting services, the franchisee is responsible for providing all necessary information to City Wide. This includes documents, data, contracts, account information, and any other access or information reasonably requested by City Wide to perform the services.
City Wide explicitly states it will not be held responsible for inaccurate financial reports if the franchisee provides inaccurate data. This places the onus on the franchisee to ensure the information they provide is correct and complete.
This requirement is typical in franchise systems where the franchisor offers centralized services. It is crucial for prospective City Wide franchisees to understand their responsibility in providing accurate and timely information to ensure the accounting services are effective and reliable. Failure to do so could result in financial misreporting, for which City Wide will not be liable.