Does the Dryer Vent Squad Franchise Agreement require a Statement of Franchisee's Owners?

Based on the 2024 Dryer Vent Squad Franchise Disclosure Document, if a franchisee is a limited liability company, partnership, or other legal entity (a "Corporate Entity"), the Franchise Agreement will also apply to the individual owners, shareholders, members, officers, directors, and other principals. However, the excerpt does not explicitly state that a separate "Statement of Franchisee's Owners" is required.

This means that while the actions of the business entity are governed by the Franchise Agreement, the individuals behind the entity are also bound by the agreement's terms. This is a common practice in franchising to ensure that all parties involved in the operation of the franchise are accountable to the franchisor.

A prospective Dryer Vent Squad franchisee should clarify with the franchisor whether a specific statement or form is required to identify and acknowledge the obligations of these individual owners, shareholders, members, officers, directors, and other principals. Understanding the full scope of required documentation is essential before entering into a franchise agreement.