What are the approved location options for operating a Ledgers office?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
1.4. Facility
A. Initial Location
You must begin operations and be open for business no later than twelve (12) months from the Effective Date. You may operate your Ledgers office from your home provided that you maintain a virtual office to meet clients as required, or you can operate from a commercial office location within your Territory. If you fail to open within twelve (12) months of the Effective Date, then we can terminate without any refund to you.
B. Reserved
4.3. Facility
- A. Lease. If you choose to obtain a commercial space for operation of your Ledgers office, you are not required to obtain our approval before entering into a lease or purchase agreement for your office location, but the location must be within your Territory.
- B. Plan and Layout. It is your responsibility to develop and implement the plans and layout for your office location.
- C. Buildout. It is your responsibility to engage contractors or suppliers and buildout your office location.
- D. Permitting. It is your responsibility to conform the premises to federal, state or local ordinances, building codes, licensing requirements and obtain any required permits.
- E. Signage. It is your responsibility to obtain signage in conformity with the templates provided by us and to the specifications provided in our Manual. If you need to modify our signage templates or specifications to meet your needs or the restrictions of your office location, you must obtain our written approval by submitting your request to our operations department. We typically respond to any request submitted to our operations department within five days.
F. Brand Image. You must maintain the facility housing your Franchised Business in a clean and well-maintained manner in order to uphold the image and goodwill of our Franchise System.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 Ledgers FDD, franchisees have the option to operate their Ledgers office from home, provided they maintain a virtual office for client meetings, or from a commercial office space within their designated territory.
Ledgers requires franchisees to commence operations and be open for business no later than twelve months from the effective date of the franchise agreement. Failure to open within this timeframe may result in termination of the agreement without any refund to the franchisee.
If a franchisee chooses to lease a commercial space, Ledgers does not require approval before entering into a lease or purchase agreement, but the location must be within the franchisee's territory. The franchisee is responsible for developing the office layout, engaging contractors for buildout, ensuring compliance with all applicable codes and obtaining necessary permits, and obtaining signage that conforms to Ledgers' standards.
Franchisees must maintain their facility in a clean and well-maintained condition to uphold the brand image of Ledgers. This includes adhering to the specifications provided in the operations manual and obtaining written approval from Ledgers for any modifications to signage templates to meet specific needs or location restrictions.