factual

In what capacity does the Ledgers Franchisee Advisory Council (FAC) serve?

Ledgers Franchise · 2025 FDD

Answer from 2025 FDD Document

Advertising Council. We intend to establish a Franchisee Advisory Council ("FAC") composed of franchisees that advises us on operational and advertising policy. We select the members. The FAC serves in an advisory capacity only. We have the power to form, change, or dissolve the advertising council.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 27–32)

What This Means (2025 FDD)

According to the 2025 Ledgers Franchise Disclosure Document, the Franchisee Advisory Council (FAC) is intended to advise Ledgers on operational and advertising policy. The members of the FAC are selected by Ledgers. It is important to note that the FAC serves only in an advisory capacity. Ledgers retains the power to form, change, or dissolve the advertising council at its discretion.

This means that while Ledgers intends to seek input from franchisees through the FAC, the franchisor is not obligated to follow the FAC's advice. The ultimate decision-making authority regarding operational and advertising policies remains with Ledgers.

For a prospective franchisee, this highlights the importance of understanding that while there is a mechanism for franchisee input, Ledgers maintains control over key aspects of the business. Franchisees should consider this when evaluating the level of influence they will have on the direction of the franchise system.

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.