On what pages of the My Salon Suite FDD are the Statements of Cash Flows located?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
Consolidated Statements of Cash Flows
Source: Item 17 — (r) of the FDD and Section 13 of the Franchise Agreement disclose the existence of certain covenants restricting competition to which Franchisee must agree. The Commissioner has held that covenants restricting competition contrary to Section 9-08-06 of the North Dakota Century Code, without further disclosing that such covenants may be subject to this statue, are unfair, unjust, or inequitable within the intent of Section 51-19-09 of the North Dakota Franchise Investment Law. The FDD and the Franchise Agreement are amended accordingly to the extent required by law. (FDD pages 230–274)
What This Means (2025 FDD)
According to the 2025 My Salon Suite Franchise Disclosure Document, the Consolidated Statements of Cash Flows are included in the document. However, the specific page numbers where these statements can be found are not indicated in the provided excerpts.
For a prospective franchisee, the statements of cash flows are essential for understanding how My Salon Suite generates and uses cash, which reflects the brand's financial health and stability. This information can be useful in assessing the franchisor's ability to support its franchisees and manage its own financial obligations.
To find the statements of cash flows, a potential franchisee should review the full FDD document carefully or directly ask the franchisor for the specific page numbers. Understanding these statements is a crucial part of due diligence before investing in a My Salon Suite franchise.