factual

Is Ledgers the only approved supplier of advertising material that franchisees will sell to their clients?

Ledgers Franchise · 2025 FDD

Answer from 2025 FDD Document

es as we may specify or designate.

Whether We or Our Affiliates are Approved Suppliers:

We are an approved supplier of advertising material and bookkeeping and payroll services that you will sell to your clients, but not the only approved supplier of such items. We are an approved supplier, and the only approved supplier, of business support services (central processing and website services) that we render on your behalf to your clients.

Our affiliates are not approved suppliers of any required purchases of products or services.

Officer Interests in Suppliers:

John Hewitt owns an interest in us; however, none of our officers own an interest in any other supplier

Alternative Suppliers:

We do not maintain written criteria for approving suppliers and thus these criteria are not available to you or your proposed supplier. If you wish to purchase products or services from a nonapproved vendor; you must submit the vendor for approval. We charge $100/hour plus our costs to evaluate an alternative supplier. Our right to approve or disapprove will be done in a reasonable manner within 30 days of our receipt of your request. For example, if you wish to purchase items bearing our Marks, we may request from the vendor seeking approval, a sample to insure they meet our standards.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 23–25)

What This Means (2025 FDD)

According to Ledgers' 2025 Franchise Disclosure Document, Ledgers is an approved supplier of advertising material that franchisees will sell to their clients, but it is not the only approved supplier. Franchisees must use advertising material from Ledgers, a vendor that Ledgers designates, or Ledgers must approve the advertising in writing before its use.

This means that while franchisees are required to use advertising material from approved sources, they have options beyond just Ledgers itself. They can either use a vendor designated by Ledgers or seek written approval from Ledgers for advertising material from another source. This provides some flexibility for franchisees in their advertising and marketing efforts.

It is important for prospective franchisees to understand the process for getting alternative advertising material approved. Ledgers does not maintain written criteria for approving suppliers. If a franchisee wishes to purchase products or services from a nonapproved vendor, they must submit the vendor for approval, and Ledgers charges $100/hour plus costs to evaluate the alternative supplier. Ledgers has the right to approve or disapprove the vendor in a reasonable manner within 30 days of receipt of the request. Ledgers will inform the franchisee of their decision via email within a reasonable time. Ledgers may choose to limit the number of approved vendors that franchisees may purchase specific products from if it is in the best interests of the network.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.