What representation does the Goldfish Swim School Developer make regarding conflicts with its governing documents or other agreements if it is a corporation, LLC, or partnership?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
You have not conducted business under any name other than your corporate, limited liability company or partnership name.
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
Based on the 2025 Goldfish Swim School Franchise Disclosure Document, if the Developer is a business entity such as a corporation, limited liability company, or partnership, they are required to confirm that they have not conducted business under any name other than their official corporate, LLC, or partnership name. This declaration is part of Attachment 2 to the Area Development Agreement.
This requirement ensures transparency and helps Goldfish Swim School Franchising, LLC verify the legal standing and business history of the entity they are contracting with. It allows the franchisor to assess any potential risks associated with the Developer's past business activities and ensures that all agreements are made with the correct legal entity.
Prospective Goldfish Swim School developers should ensure that their business records are accurate and consistent with the information provided in the franchise application. Any discrepancies or use of unregistered business names could lead to delays in the approval process or potential legal complications later on. It is important to maintain accurate records and conduct business under the registered name to avoid any issues with compliance.