Does the Creative World School FDD indicate whether receipts are provided?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
(Keep this page for your records)
RECEIPT
This disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully.
If Creative World Franchising Company, Inc. offers you a franchise, it must provide this disclosure document to you 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale. New York requires that we give you this disclosure document at the earlier of the first personal meeting or 10 business days before the execution of any binding franchise or other agreement, or payment of any consideration that relates to the franchise relationship. Michigan requires that we give you this disclosure document at least 10 business days before the execution of any binding franchise or other agreement, or payment of any consideration, whichever occurs first.
If Creative World Franchising Company, Inc. does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and any applicable state agency (as listed in Exhibit "L" to this disclosure document).
The franchisor is Creative World Schools Franchising Company, Inc., located at 25110 Bernwood Drive, Suite #104, Bonita Springs, Florida 34135. Its telephone number is (239) 947-6177.
We authorize the respective state agencies identified on Exhibit "L" to receive service of process for us if we are registered in the particular state.
Issuance Date: May 23, 2025
Source: Item 23 — RECEIPTS (FDD pages 80–247)
What This Means (2025 FDD)
According to the 2025 Creative World School FDD, the document itself serves as a receipt acknowledging that the prospective franchisee has received the disclosure document. This receipt confirms that Creative World School has provided the FDD, which summarizes key provisions of the franchise agreement and other important information, in plain language. The FDD emphasizes the importance of carefully reading the disclosure document and all related agreements.
The FDD states that Creative World School must provide the disclosure document to a potential franchisee at least 14 calendar days before any binding agreement is signed or any payment is made in connection with the proposed franchise sale. Some states, like New York and Michigan, have slightly different requirements, mandating the disclosure document be provided earlier, either at the first personal meeting or a certain number of business days before signing any agreement or making a payment.
The FDD also informs the potential franchisee of their rights if the disclosure document is not delivered on time, contains false or misleading statements, or has material omissions. In such cases, a violation of federal and state law may have occurred, which should be reported to the Federal Trade Commission and any applicable state agency listed in Exhibit "L" of the FDD. The FDD provides the contact information for Creative World Schools Franchising Company, Inc., including their address and telephone number, and indicates that the state agencies listed in Exhibit "L" are authorized to receive service of process for the company if it is registered in that particular state.