What kind of reports is a 360 Painting franchisee required to provide to the franchisor?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
If Franchisor allows Franchisee's Business to participate in any new product or service test, then Franchisee will participate in the test in accordance with the Brand Standards Manual and will discontinue offering any products and services that Franchisor decides not to permanently add to the authorized list.
Following any such test, upon request from Franchisor, Franchisee will provide to Franchisor such results and data from such tests as Franchisor may reasonably request.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 56)
What This Means (2025 FDD)
According to the 2025 360 Painting Franchise Disclosure Document, franchisees may be required to provide results and data from product or service tests to the franchisor upon request. Specifically, if a franchisee's business participates in any new product or service test, they must participate in the test according to the Brand Standards Manual.
Following any such test, 360 Painting can request the franchisee to provide the results and data from the tests. This allows 360 Painting to gather information on the performance and customer response to new offerings within the franchise system.
This requirement ensures that 360 Painting can monitor and evaluate the effectiveness of new products and services, and make informed decisions about whether to permanently add them to the authorized list. Franchisees should be prepared to diligently collect and report this data if they participate in such tests.