Disclaimer
Last updated: 29 October 2026
1. About this disclaimer
This disclaimer applies to The Fraction Collective website at https://thefractioncollective.com/, operated by The Fraction Collective, LLC, a California limited liability company. It should be read alongside our Terms and Conditions and our Privacy Policy.
2. General information only
Everything on this site is general information. It is written to help you think about ownership transition, employee ownership and running an agency. It is not tailored to your business, your finances, your team or your goals, and it may not apply to your situation.
3. Not professional advice
Nothing on this site is legal, financial, tax, accounting, valuation, investment, transaction, HR or other professional advice, and it should not be relied on as if it were.
We are not a law firm, accounting firm, tax adviser, valuation firm, M&A broker, investment adviser, or ESOP trustee or administrator. Nothing on this site is a recommendation to buy or sell securities, an offer of investment advice, or an offer to provide any regulated financial service.
Ownership transition and employee ownership involve complex rules that differ between countries and change over time. Structures such as ESOPs, employee ownership trusts, worker co-ops, steward ownership and trust-based models are each governed by their own legal, tax and regulatory requirements. Before making any decision, speak to a licensed professional who can advise on your specific circumstances in your jurisdiction.
4. No professional relationship
Reading this site, downloading anything from it, or sending us an enquiry does not create a client, advisory, fiduciary or other professional relationship between us. A relationship only exists once we have both agreed to it in writing.
5. No guarantee of outcomes
We do not promise or guarantee any particular result from reading this site. That includes funding, investment, a sale, a valuation, a successful transition, employee ownership being suitable for your business, or any financial, operational or commercial outcome.
6. Case studies, testimonials and examples
Any case studies, testimonials, examples or figures on this site describe individual situations. They reflect the experience of the people involved, results are not typical, and they are not a promise that you will achieve the same or similar results.
Client situations are described with permission and are sometimes anonymized or generalized to protect confidentiality. If we ever receive compensation or another benefit for an introduction we make, we will say so.
7. Third-party experts and referrals
We may mention or introduce lawyers, accountants, valuation specialists, tax advisers, transaction advisers, ESOP trustees or administrators, or other technical experts. We do not control their work and are not responsible for the advice they give, their fees, their availability or the outcome of their work. Any engagement with them is between you and them.
8. Accuracy and changes
We aim to keep the content accurate and current, but we do not warrant that it is complete, accurate, up to date, or free from errors or omissions. Laws, market conditions and accepted practice change. We may update, correct or remove content at any time without notice, and we are under no obligation to keep any page current.
Any views or opinions expressed on the site are ours at the time of writing and may change.
9. External links
Where the site links to other websites or resources, those links are provided for convenience. We do not endorse, verify or take responsibility for their content, accuracy, availability or practices.
10. Limitation of liability
To the extent permitted by law, we are not liable for any loss or damage arising from your use of, or reliance on, the content of this site. Our full liability position is set out in our Terms and Conditions.
Nothing in this disclaimer excludes liability that cannot lawfully be excluded, including for fraud, willful misconduct or gross negligence.
11. Contact
If anything on this site looks wrong, out of date or unclear, tell us: hello@thefractioncollective.