What actions are Learningrx franchisees prohibited from permitting regarding taxes and debts?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee will promptly pay when due all taxes, fees, debts, expenses, and assessments of the franchised Business, including payroll taxes.
Franchisee will not permit a tax sale, seizure, levy, execution, bankruptcy, assignment of assets for or by creditors, or similar action to occur.
Source: Item 23 — RECEIPT (FDD pages 54–209)
What This Means (2025 FDD)
According to Learningrx's 2025 Franchise Disclosure Document, franchisees are responsible for promptly paying all taxes, fees, debts, expenses, and assessments associated with their franchised business, including payroll taxes.
Specifically, Learningrx franchisees are prohibited from allowing certain actions to occur related to their business's financial obligations. These prohibited actions include a tax sale, seizure, levy, execution, bankruptcy, or assignment of assets for or by creditors.
This requirement ensures that Learningrx franchisees maintain financial stability and meet their obligations, which protects the Learningrx brand's reputation and the interests of other franchisees. Failure to comply with these financial obligations could lead to legal and financial repercussions for the franchisee.