factual

Who is considered a 'Business Associate' of Stretch Zone?

Stretch_Zone Franchise · 2025 FDD

Answer from 2025 FDD Document

  • "Business Associate" means any of our employees, officers, directors, agents, consultants, representatives, contractors, suppliers, distributors, franchisees or other business contacts.

Source: Item 8 — Receipts. Any sale made must be in compliance with § 683(8) of the Franchise Sale Act (N.Y. Gen. Bus. L. § 680 et seq.), which describes the time period a Franchise Disclosure Document (offering prospectus) must be provided to a prospective franchisee before a sale may be made. New York law requires a franchisor to provide the Franchise Disclosure Document at the earliest of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. (FDD pages 99–263)

What This Means (2025 FDD)

According to Stretch Zone's 2025 Franchise Disclosure Document, a 'Business Associate' is defined broadly. This definition includes various individuals and entities connected to Stretch Zone or its franchisees.

Specifically, a Business Associate encompasses Stretch Zone's own employees, officers, directors, agents, consultants, representatives, contractors, suppliers, and distributors. It also includes Stretch Zone franchisees, as well as other business contacts of the company.

This broad definition is important for prospective franchisees to understand, as it potentially impacts various aspects of their relationship with Stretch Zone and other related parties. It could be relevant in areas such as confidentiality, conflict of interest, and adherence to Stretch Zone's standards and practices.

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.