Does Ledgers intend to establish a Franchisee Advisory Council?
Ledgers Franchise · 2025 FDDAnswer 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 Ledgers's 2025 Franchise Disclosure Document, Ledgers intends to establish a Franchisee Advisory Council (FAC). This council will be composed of franchisees selected by Ledgers to advise on operational and advertising policy. However, the FDD states that the FAC will serve only in an advisory capacity, meaning Ledgers is not bound to act on its recommendations. Ledgers retains the power to form, change, or dissolve the FAC at its discretion.
For a prospective franchisee, this means that while there is an intention to create a platform for franchisee input, Ledgers maintains ultimate control over its operational and advertising policies. The FAC's role is purely advisory, and Ledgers is not obligated to follow its advice. This is a fairly common arrangement in franchising, where franchisors often seek franchisee feedback but retain decision-making authority.
It is important to note that the FDD does not provide details on how franchisees are selected for the FAC, how often the FAC meets, or the specific scope of its advisory role. A prospective franchisee may want to ask Ledgers for more information on the FAC's structure, selection process, and responsibilities to better understand the potential for franchisee input and influence within the Ledgers franchise system.