Under the Itan franchise agreement, what does 'we,' 'us,' and 'the Company' refer to?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
To simplify the language in this Disclosure Document, "you" means the person who buys the franchise for a Salon – the franchisee, and includes your partners if you are a partnership, your shareholders if you are a corporation, and your members if you are a limited liability company. "We," "us" and "the Company" mean iTAN Franchising, Inc. – the franchisor.
Source: Item 1 — FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 7–9)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the terms 'we,' 'us,' and 'the Company' used in the document refer to iTAN Franchising, Inc., which is the franchisor. This clarification is important for prospective franchisees as it clearly identifies the entity they are entering into an agreement with. iTAN Franchising, Inc. is the party responsible for granting the franchise and providing the support and resources outlined in the FDD and franchise agreement.
Understanding this definition is crucial for interpreting the obligations and responsibilities outlined in the Franchise Agreement. For example, when the document states 'we will provide training,' it means iTAN Franchising, Inc. is responsible for providing that training. This ensures clarity and avoids confusion about which entity is accountable for fulfilling specific duties.
Knowing that 'we,' 'us,' and 'the Company' all refer to iTAN Franchising, Inc. helps franchisees understand who they can expect to receive guidance, support, and materials from. It also clarifies who to contact with questions or concerns regarding the operation of their Itan salon.