What statements and reports must a Deer Solution franchisee submit to the Advertising Cooperative?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
- (6) Franchisee shall submit to the Advertising Cooperative and to Franchisor such statements and reports as may be required by the Advertising Cooperative and approved by Franchisor.
Source: Item 23 — RECEIPTS (FDD pages 55–246)
What This Means (2025 FDD)
According to the 2025 Deer Solution Franchise Disclosure Document, franchisees are required to submit statements and reports to both the Advertising Cooperative and Deer Solution itself. These submissions must be those required by the Advertising Cooperative and approved by Deer Solution. This ensures that Deer Solution maintains oversight over the cooperative's activities and financial matters.
This requirement means that as a Deer Solution franchisee, you must be prepared to regularly provide documentation to the Advertising Cooperative. The specific types of statements and reports are not detailed in this document but will be outlined by the Advertising Cooperative and subject to Deer Solution's approval. This could include records of marketing expenses, campaign performance data, or other information relevant to the cooperative's advertising efforts.
It is important for prospective franchisees to understand the nature and frequency of these reporting requirements. Before signing the franchise agreement, you should ask Deer Solution for a detailed list of the statements and reports that you will be expected to submit to the Advertising Cooperative. Understanding these obligations upfront will help you plan your administrative processes and ensure compliance with the franchise agreement.