Does the FDD provide examples of goods and services that Ledgers might approve for sale by franchisees?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
You may offer for sale through your Franchised Business only a business advisory, bookkeeping, payroll, and income tax preparation as specified by us and such products and services that we have approved in writing. We may designate products or services as optional or mandatory. You may not sell any goods or services that we have not authorized or approved.
You may offer your services to any customers consistent with your territorial rights.
You are required to sell all goods or services that we authorize, unless prohibited by your applicable local law, or approved by us. We may change the types of authorized goods and services sold by franchisees. There are no limits on our right to make changes to the authorized goods and services sold by franchisees; however, we may not fundamentally alter the nature of the franchise offered. We may, at our sole discretion, revoke approval of a previously approved goods or services, at which case you must immediately stop selling the revoked services or products.
Source: Item 16 — RESTRICTIONS ON WHAT THE FRANCHISEE MAY SELL (FDD page 38)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, franchisees may offer business advisory, bookkeeping, payroll, and income tax preparation services. These services are part of the Ledgers System and must adhere to the processes outlined in the Operations Manual. Franchisees must use the authorized System and offer only designated or approved services.
Ledgers retains the authority to designate products or services as either optional or mandatory for franchisees. However, franchisees cannot sell any goods or services that Ledgers has not authorized or approved. Ledgers can also change the types of authorized goods and services sold by franchisees, but they cannot fundamentally alter the nature of the franchise.
Ledgers also has the discretion to revoke approval of previously approved goods or services, in which case the franchisee must immediately stop selling the revoked services or products. Franchisees are required to sell all authorized goods or services unless prohibited by local law or specifically approved by Ledgers. This ensures consistency and quality across all Ledgers franchises while allowing for some flexibility based on local regulations and franchisor approval.