STATUTORY & REGULATORY DISCLOSURES
Clear relationships make better decisions.
Certain services provided by Plan B and C may involve franchise systems, referral relationships, financing resources, professional introductions, or other arrangements subject to legal, regulatory, contractual, or disclosure requirements.
Statutory and regulatory disclosures
Plan B and C, Inc. provides business ownership advisory, franchise advisory, strategic advisory, and related consulting services.
Depending on the nature of an engagement, Plan B and C may also introduce clients to franchise systems, lenders, funding providers, attorneys, accountants, brokers, vendors, consultants, or other outside resources.
Some of those relationships may be subject to federal or state laws, franchise regulations, professional requirements, contractual disclosure obligations, or other rules.
The disclosures below are intended to make the nature of those relationships clear. They do not replace disclosures required from franchisors, lenders, attorneys, accountants, investment professionals, or other regulated parties.
CANDIDATE DISCLOSURE DOCUMENT
Plan B & C Candidate Relationship & Disclosure Document
Version 1.0 — May 2026
Candidates participating in the Plan B & C business ownership process receive a separate Candidate Relationship & Disclosure Document explaining the nature of our relationship, our role in the discovery process, potential compensation, candidate responsibilities, independent due diligence, professional limitations, and related acknowledgments.
Candidates are asked to review and separately acknowledge this document as part of the Plan B & C process. This webpage provides additional public information and does not replace the Candidate Relationship & Disclosure Document or the candidate’s acknowledgment of it.
Candidate Relationship & Disclosure Document
Version 1.0 — May 2026
Review Plan B & C’s candidate disclosure covering our advisory role, compensation relationships, independent investigation, professional limitations, candidate responsibilities, and hold harmless acknowledgment.
ROLE OF PLAN B & C
Plan B and C is an advisor and facilitator, not the seller of the business opportunity
Plan B and C operates independently and is not the seller, franchisor, or operator of the business opportunities presented during the ownership discovery process.
Our role may include facilitating introductions, helping evaluate operational fit, discussing ownership models, and helping candidates think through business structure, lifestyle considerations, capital, risk, and decision-making factors.
Introductions may include franchisors, franchise developers, business brokers, independent business sellers, operators, lenders, funding specialists, and other industry professionals.
Unless specifically stated otherwise, Plan B and C is not a party to a transaction between a candidate and a seller, franchisor, business owner, lender, or other third party.
FRANCHISE RELATIONSHIPS
Plan B and C may participate in franchise introductions and franchise transactions
As part of our business ownership advisory work, Plan B and C may introduce prospective owners to franchise systems that appear consistent with the candidate’s stated objectives, experience, capital, operating preferences, and other relevant criteria.
In those circumstances, Plan B and C may have a contractual relationship with a franchisor, franchise intermediary, broker network, or other organization involved in the franchise sales process.
The title used by an advisor, consultant, broker, representative, or intermediary does not by itself determine whether applicable franchise laws or disclosure requirements apply.
Franchise transactions should be evaluated using the applicable Franchise Disclosure Document, independent diligence, professional review where appropriate, and direct conversations with the franchisor and existing franchisees.
COMPENSATION DISCLOSURE
Plan B and C may receive compensation when a transaction is completed
Plan B and C may receive compensation, referral fees, commissions, consulting fees, or other consideration from franchisors, brokers, business sellers, intermediaries, or related parties if a transaction is completed.
This compensation does not ordinarily increase the purchase price paid by the candidate.
Compensation arrangements vary by transaction and relationship. The existence of compensation does not change the obligation to evaluate fit, risk, economics, operating requirements, capital needs, or whether proceeding makes sense.
Candidates participating in the Plan B & C ownership process are also provided with the Candidate Relationship & Disclosure Document, Version 1.0 — May 2026 , which addresses our role, potential compensation, independent due diligence, professional limitations, candidate responsibilities, and related acknowledgments.
INDEPENDENT INVESTIGATION
Candidates are expected to conduct independent due diligence
Any business opportunity evaluated through the Plan B and C process should be independently reviewed and investigated before a decision is made.
Candidates are encouraged to carefully review disclosure documents, speak with existing operators or franchisees, review financial information independently, visit locations or headquarters where appropriate, and evaluate the operational, financial, and lifestyle implications of the opportunity.
Legal, accounting, tax, financing, and other professional review may also be appropriate depending on the nature of the transaction.
Business ownership involves risk. Plan B and C does not guarantee income, profitability, success, performance, financing approval, resale value, business value, or future outcomes.
ACCURACY OF INFORMATION
Third-party information should be independently evaluated
Information presented during the discovery process may originate from franchisors, franchise developers, brokers, sellers, lenders, operators, funding providers, or other third parties.
Plan B and C does not independently verify every representation, financial figure, projection, disclosure, operating statement, or other piece of information provided by those third parties.
Candidates should evaluate material information directly and obtain supporting documentation where appropriate.
Plan B and C does not assume responsibility for the acts, omissions, representations, financial performance, business performance, or conduct of independent third parties introduced during the process.
FRANCHISE DISCLOSURE DOCUMENT
The franchisor is responsible for the Franchise Disclosure Document
Prospective franchisees should receive the applicable Franchise Disclosure Document, or FDD, through the franchisor’s disclosure process.
The FDD is intended to provide important information about the franchise system, fees, contractual obligations, litigation, franchisee turnover, financial information, territory provisions, and other aspects of the franchise relationship.
State-specific registration, filing, disclosure, timing, or relationship requirements may also apply depending on the jurisdictions involved.
Plan B and C does not prepare, approve, certify, or replace the franchisor’s FDD and does not replace the franchisor’s responsibility to comply with applicable disclosure requirements.
FINANCIAL PERFORMANCE
Financial performance information requires context
Prospective business owners may encounter financial information through a franchisor’s Item 19 Financial Performance Representation, seller financial statements, broker materials, business plans, lender calculations, discussions with existing operators, or other sources.
Historical results do not guarantee future performance for a particular owner, location, territory, or business.
Plan B and C does not guarantee revenue, profit, return on investment, financing approval, resale value, or future operating performance.
Candidates should evaluate financial information in context and involve qualified accounting, legal, tax, valuation, lending, or other professionals when appropriate.
REFERRALS
Professional and commercial referrals may involve separate relationships
Plan B and C may introduce clients to attorneys, accountants, lenders, funding specialists, brokers, valuation professionals, insurance providers, technology firms, consultants, vendors, or other resources.
Those providers are independent organizations unless specifically stated otherwise.
A referral does not constitute a guarantee, warranty, endorsement of future performance, or assumption of responsibility for the services provided by the referred party.
Candidates remain free to select their own attorneys, accountants, lenders, advisors, vendors, and other professionals.
If Plan B and C receives compensation or another material economic benefit related to a referral, that relationship may be disclosed when relevant or when required by applicable law, regulation, contract, or professional obligation.
FINANCING
Plan B and C is not acting as a lender
Plan B and C may help candidates understand common business funding approaches and may introduce lenders, funding specialists, or other financing resources.
Unless expressly stated otherwise in a separate written agreement, Plan B and C does not make loans, approve financing, establish lending terms, guarantee loan approval, or act as the candidate’s lender.
Lending decisions, rates, fees, collateral requirements, underwriting standards, repayment obligations, and other financing terms are determined by the applicable lender or funding provider.
Candidates should review financing documents carefully and obtain independent professional advice when appropriate.
PROFESSIONAL LIMITATIONS
Business advisory is not legal, accounting, tax, investment, or securities advice
Plan B and C’s work frequently touches decisions with legal, tax, accounting, financing, securities, insurance, valuation, employment, real estate, and other specialized implications.
Unless specifically disclosed otherwise, Plan B and C does not provide legal advice, accounting advice, tax advice, investment advice, securities advice, or fiduciary services.
We may help candidates identify questions, organize information, evaluate business considerations, and determine when additional professional review may be useful.
Candidates remain responsible for obtaining guidance from appropriately qualified and licensed professionals when a decision requires expertise outside the scope of Plan B and C’s services.
CANDIDATE RESPONSIBILITIES
The candidate retains responsibility for the decision
Candidates participating in the Plan B and C process are expected to communicate honestly and directly, provide accurate information, conduct independent due diligence, maintain confidentiality when appropriate, communicate changes in interest level clearly, and make decisions thoughtfully.
Candidates are under no obligation to move forward with any opportunity introduced during the process.
The decision to buy a business, purchase a franchise, enter into a financing arrangement, sign an agreement, make an investment, or decline an opportunity remains with the candidate.
CONFLICTS OF INTEREST
Material relationships should be visible to the person making the decision
A referral relationship, commission arrangement, ownership interest, partnership, vendor relationship, or other economic connection may create an actual or perceived conflict of interest.
The existence of a financial relationship does not automatically make the relationship improper. It does make transparency important.
When Plan B and C has a material relationship connected to a recommendation or transaction, our policy is to disclose that relationship when it is relevant to the candidate’s decision or otherwise required.
Our broader standards regarding conflicts, compensation, confidentiality, professional boundaries, and independent judgment are described in our Code of Ethics and Business Conduct .
HOLD HARMLESS ACKNOWLEDGMENT
The candidate disclosure document addresses responsibility for transaction decisions and outcomes
The Plan B & C Candidate Relationship & Disclosure Document, Version 1.0 — May 2026, includes an acknowledgment addressing the candidate’s responsibility for business ownership decisions, independent due diligence, third-party transactions, and business outcomes.
The specific terms of that acknowledgment should be reviewed directly in the candidate disclosure document rather than relying on a summary on this website.
Candidates are asked to review the controlled disclosure document and separately acknowledge it as part of the Plan B & C process.
Review the Plan B & C Candidate Relationship & Disclosure Document, Version 1.0 — May 2026 →
STATE REQUIREMENTS
Requirements may vary by jurisdiction
Federal law may establish baseline requirements for certain transactions, while states may impose additional registration, filing, disclosure, relationship, broker, seller, financing, privacy, or other requirements.
Which requirements apply can depend on the type of transaction, the jurisdictions involved, the location of the business, the residence of the candidate, the location of the seller or franchisor, and the activities occurring in connection with the transaction.
Nothing on this website should be interpreted as a determination that a particular transaction, franchisor, seller, broker, advisor, lender, or other party satisfies every requirement of every jurisdiction.
Transaction-specific questions should be evaluated using the facts and applicable requirements in effect at the time.
ADDITIONAL RESOURCES
Important documents should be reviewed directly
Plan B & C Candidate Relationship & Disclosure Document
Version 1.0 — May 2026
Review the candidate-facing disclosure addressing our role, compensation, independent due diligence, third-party information, professional limitations, candidate responsibilities, and acknowledgment provisions.
Review the Disclosure Document →FTC: Buying a Franchise
Federal consumer guidance covering franchise evaluation, disclosures, costs, contracts, and questions prospective franchisees should consider.
Visit the FTC →FTC Franchise Rule
Review federal Franchise Rule information and compliance resources directly from the Federal Trade Commission.
Review the Franchise Rule →Code of Ethics and Business Conduct
Review Plan B and C’s broader standards regarding integrity, disclosure, compensation, confidentiality, conflicts, professional boundaries, and independent judgment.
Read Our Code of Ethics →THE PURPOSE
Disclosure is supposed to make the relationship clearer.
Candidates should understand who they are dealing with, how relevant parties may be compensated, where professional boundaries exist, what information comes from third parties, and which decisions remain theirs to make.
These disclosures are intended to provide that context.
They do not replace the Plan B & C Candidate Relationship & Disclosure Document, transaction-specific documents, legally required disclosures, professional advice, contractual terms, or the candidate’s own due diligence.
QUESTIONS?
If something about the relationship is unclear, ask.
Questions about compensation, referrals, our role in a transaction, potential conflicts, the candidate disclosure document, or how the advisory process works should be addressed before you make a decision.