What exhibits are included in the Management Recruiters Disclosure Document dated May 16, 2024?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
| 111 Springhall Drive, Goose Creek, SC 29445, (843)723‐7400. | ||
|---|---|---|
| Issuance Date: May 16, 2024 | ||
| service of process for it in the particular state. I received a Disclosure Document dated May 16, 2024 that included the following Exhibits: EXHIBIT | Management Recruiters International, Inc. authorized the respective state agencies identified in Exhibit I to receive | |
| A: | Management Recruiters Franchise Agreement and Exhibits | |
| EXHIBIT B: | Operations Materials Table of | |
| Contents | ||
| EXHIBIT C1: | MRI Outlets as of December 31, 2023 | |
| EXHIBIT C2: | Former MRI Outlets for the period January 1, 2023 through December 31, 2023 | |
| EXHIBIT D: | MRINetwork Code of Conduct | |
| EXHIBIT E: | Sample Release Language | |
| EXHIBIT F: | Financial Statements | |
| EXHIBIT G: | Agentsfor Service of Process | |
| EXHIBIT H: | State Addenda | |
| EXHIBIT I: | State Effective Dates | |
| EXHIBIT J: | Receipts | |
| DATE RECEIVED: | (Signature of recipient) (Printed name of recipient) | |
| Legal residence address | ||
Source: Item 23 — RECEIPTS (FDD pages 67–327)
What This Means (2024 FDD)
According to the 2024 Management Recruiters Franchise Disclosure Document, which has an issuance date of May 16, 2024, there are ten exhibits included. These exhibits provide additional details and information related to the franchise agreement and operations.
The exhibits cover a range of topics, including the franchise agreement itself, operational guidelines, lists of current and former Management Recruiters outlets, the MRINetwork Code of Conduct, and sample release language. Additionally, the exhibits include the company's financial statements, agent information for service of process, state-specific addenda, state effective dates, and receipts.
Prospective franchisees should carefully review each of these exhibits as they contain important information that could impact their investment and the operation of their Management Recruiters franchise. For example, the state addenda may include specific legal requirements or modifications to the franchise agreement that apply in certain states. Similarly, understanding the MRINetwork Code of Conduct is crucial for maintaining ethical business practices within the franchise network. The financial statements will give the franchisee insight into the financial health of the company.
By examining all exhibits, potential franchisees can make a more informed decision about whether to invest in a Management Recruiters franchise and what to expect during the franchise term.