Where can I find information about required bank accounts for a Deck Medic franchise?

According to Deck Medic's 2024 Franchise Disclosure Document, the term "cash equivalents" includes bank accounts. This is mentioned within the context of the company's accounting policies. Specifically, it states that for the purposes of the Statement of cash flows, cash equivalents include bank accounts and cash in transit for bank deposits with maturities of three months or less to be cash equivalents.

While this provides a definition of how Deck Medic treats bank accounts for accounting purposes, it does not specify any requirements for franchisees to maintain specific bank accounts. The FDD does mention the franchisee's administrative office, which is where the franchisee establishes, operates, and manages the franchised business.

To understand the specific requirements for bank accounts, a prospective Deck Medic franchisee should consult the Operations Manual, as it contains mandatory specifications, standards, and operating procedures. Additionally, the franchisee should directly ask Deck Medic about any requirements for opening or maintaining specific bank accounts for the franchise, including how funds are to be managed and reported.