In the Deck Medic receipt form, which party is designated as the 'Franchisor'?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
has executed this Agreement as of the date or dates set forth below.
| Individual Signature of Restricted Party | Individual Signature of Restricted Party | ||||
|---|---|---|---|---|---|
| Name (please print) | Name (please print) | ||||
| Date: | Date: |
Franchise Agreement Exhibit 3 Assignment of Telephone Numbers and Digital Media Accounts
ASSIGNMENT OF TELEPHONE NUMBERS AND DIGITAL MEDIA ACCOUNTS
(for the benefit of Deck Medic, Inc. and its assigns)
| Business Franchise System"); | WHEREAS, Assignee is the franchisor of the Deck Medic | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, in the context of assigning telephone numbers and digital media accounts, 'Assignee' is designated as the franchisor of the Deck Medic business franchise system. This is highlighted in the agreement where the Assignor, as the franchisee, and the Assignee, as the franchisor, are parties to a Deck Medic Business Franchise Agreement.
This designation is important because it clarifies the roles and responsibilities of each party in the franchise relationship, particularly concerning the control and management of digital assets. The franchisor, as the Assignee, gains control over telephone numbers, digital media accounts, and other online assets associated with the franchisee's Deck Medic business.
For a prospective franchisee, this means that upon entering the franchise agreement, they will be required to assign control of their business-related digital media and telephone assets to Deck Medic. This transfer ensures brand consistency and allows the franchisor to manage the online presence and customer communications effectively. Franchisees should carefully review the Assignment of Telephone Numbers and Digital Media Accounts agreement (Exhibit 3) to fully understand the scope of assets being transferred and the implications for their business operations.