What must a Stretch Zone franchisee include in the Monthly Report form?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) Reporting. Requirements regarding your establishment of daily, weekly and monthly reporting systems; bookkeeping procedures; and accounting procedures, which you must adopt and implement at the Franchise Business.
These forms and schedules are contained in the Operations Manual.
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)
The 2025 Stretch Zone Franchise Disclosure Document states that Stretch Zone requires franchisees to establish daily, weekly, and monthly reporting systems, along with specific bookkeeping and accounting procedures, which must be implemented at the franchise business. However, the document does not specify the exact details or data points that a franchisee must include on the Monthly Report form.
While the FDD mentions the requirement for these reporting systems, it does not elaborate on the specific information Stretch Zone expects to see in these reports. The forms and schedules are contained in the Operations Manual.
A prospective Stretch Zone franchisee should ask the franchisor for a sample copy of the Monthly Report form and a detailed explanation of the bookkeeping and accounting procedures required. This will help them understand the time and resources needed to fulfill these reporting requirements and ensure compliance with Stretch Zone's standards.