What is the definition of 'PC' in the Dermani Medspa Franchise Agreement?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
The dermani MEDSPA® will be operated by one or more physicians licensed to provide medical spa services in the state in which the dermani MEDSPA® is located. The physician or physicians will form a professional entity, which is a professional corporation, professional limited liability company, service corporation, or similar entity, referred to as a "PC," that will provide medical services to clients at the dermani MEDSPA®. In addition to signing the Franchise Agreement with us, before you begin operating the Franchised Business, you must enter into a management agreement ("Management Agreement") with the PC.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 7–12)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, a 'PC' refers to the professional entity that provides medical services to clients at the Dermani Medspa location. This entity is defined as a professional corporation, professional limited liability company, service corporation, or similar entity formed by one or more physicians licensed to provide medical spa services in the state where the Dermani Medspa is located.
The franchisee is required to sign a Management Agreement with the PC before beginning operations, unless the Dermani Medspa is located in a state that permits a single entity to both manage and operate the medspa, including providing medical services. In such cases, the franchisee must sign a Waiver of Management Agreement. If a waiver is in effect, the franchisee assumes the responsibilities and obligations of both the 'PC' and the 'Company' under the Management Agreement.
Dermani Medspa must approve the PC candidate. The franchisee provides the PC with management and administrative services to support the PC's practice and delivery of medical spa services. These services include billing and collections, business planning, accounts payable management, bookkeeping and financial management, client records maintenance, management of administrative staff, arranging for professional liability insurance, marketing and promotional activities, and arranging legal services and credentialing support. The Management Agreement must comply with all state and local laws and be reviewed by a healthcare attorney knowledgeable in the laws of the state of operation.
The franchisee must maintain a Management Agreement with a PC throughout the term of the Franchise Agreement. If the Management Agreement is terminated, the franchisee must enter into a new agreement with a replacement PC within 120 days. This structure ensures compliance with healthcare regulations and separates the medical aspects of the business from the management responsibilities, unless a waiver is in place allowing the franchisee to handle both.