Does Deka Lash guarantee the accuracy of statements made by individuals providing references?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
eg)
Referral Program. Currently, we pay a referral fee in the amount of $5,000 to franchisees, vendors and others who provide us with prospective franchisee leads that enter into a Franchise. This referral program is administered at our sole discretion and may be changed or discontinued by us at any time. The referral fee is further subject to change at any time. Those who are eligible to participate in this referral program and who may provide references to prospective franchisees are not acting as our agent and do not speak for us, despite the receipt of a referral fee. We do not control what these individuals may say, and we cannot guarantee the accuracy of any statement made by them, to you or any other prospective franc
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–11)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, Deka Lash does not guarantee the accuracy of statements made by individuals who provide references to prospective franchisees. These individuals, which may include franchisees, vendors, or others, may receive a referral fee of $5,000 for providing leads that result in a new franchise agreement.
Despite the potential for a referral fee, Deka Lash explicitly states that these individuals are not acting as agents of Deka Lash and do not speak for the company. This means that prospective franchisees should not assume that the opinions or statements made by these individuals are endorsed or verified by Deka Lash.
This disclaimer is important for prospective franchisees to understand, as it highlights the need to conduct thorough due diligence and not rely solely on the information provided by individuals who may have a financial incentive to promote the franchise. The referral program is administered at Deka Lash's sole discretion and may be changed or discontinued at any time, further emphasizing the independence of these referrals from the company's official statements.