Does the Face Foundrie receipt confirm whether you reviewed the Disclosure Document and the Franchise Agreement with a professional advisor?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
| Yes___ | No___ | 1. Have you received and personally reviewed the Franchise Disclosure Document (“Disclosure Document”) we provided? |
|---|---|---|
| Yes___ | No___ | 2. Did you sign a receipt for the Disclosure Document indicating the date you received it, which was at least 14 calendar days before signing the Franchise Agreement? |
| Yes___ | No___ | 3. Do you understand all the information contained in the Disclosure Document and the Franchise Agreement? |
| Yes___ | No___ | 4. Have you reviewed the Disclosure Document and the Franchise Agreement with a lawyer, accountant or other professional advisor? |
Source: Item 23 — RECEIPTS (FDD pages 74–257)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, the receipt includes a section where you acknowledge whether you have reviewed the Disclosure Document and the Franchise Agreement with a lawyer, accountant, or other professional advisor. This is part of a series of questions designed to ensure that you understand the documents you are signing.
Specifically, the receipt asks: "Have you reviewed the Disclosure Document and the Franchise Agreement with a lawyer, accountant or other professional advisor?" You must answer 'Yes' or 'No' to this question on the receipt. This confirms that Face Foundrie wants to ensure franchisees have sought professional advice before investing.
This acknowledgement is important because it demonstrates that you had the opportunity to seek independent advice and understand the terms of the franchise agreement before committing to the Face Foundrie franchise. It also protects Face Foundrie by showing that franchisees were given the chance to fully understand the legal and financial implications of their investment.