factual

For Dq Treat, what must the Licensee do regarding the computation of amounts due to the Company?

Dq_Treat Franchise · 2025 FDD

Answer from 2025 FDD Document

Licensee must certify the computation in the manner and form specified by Company, and Licensee must supply to Company supporting or supplementary materials as Company reasonably requires to verify the accuracy of Licensee's remittances.

Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)

What This Means (2025 FDD)

According to Dq Treat's 2025 Franchise Disclosure Document, the licensee is responsible for certifying the computation of amounts due to the company. Specifically, the licensee must certify the computation in the manner and form specified by Dq Treat. Furthermore, the licensee must provide supporting or supplementary materials that Dq Treat reasonably requires to verify the accuracy of the licensee's payments.

This requirement ensures that Dq Treat has the necessary information to confirm that it is receiving the correct payments from its franchisees. By certifying the computation and providing supporting materials, the licensee is attesting to the accuracy of their financial reporting. This process helps to maintain transparency and accountability in the financial relationship between Dq Treat and its franchisees.

In addition to the certification requirement, Dq Treat also has the right to audit a licensee's books and records to verify the accuracy of reported sales and payments. The licensee is responsible for maintaining accurate records and providing access to them upon request. Failure to comply with these requirements could result in penalties or other enforcement actions by Dq Treat. Licensees must also sign an electronic transfer of funds authorization to ensure all amounts due are paid.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.