When is the additional training fee due for Advanced Mobile Iv And Amiv?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
ertising fund in the amount established by |
| Name of Fee | Amount | Date Due | Remarks |
|---|---|---|---|
| the vote. We may require you to execute documents that allow us to automatically take this fee out of your franchise bank accounts each month. See Item 11, below. | |||
| Additional Training | $300 per day and you must reimburse us for our reasonable actual out of pocket costs. | Before opening or after you open your franchise for business. | You must give us not less than 35 days' prior written notice of your desire to receive additional training. The duration of training is negotiable depending upon your needs. You will not receive any compensation for services rendered by the trainee during this or any other training. We may designate qualified franchisees or master franchisees to conduct some or all of your training. |
| Refresher training programs and seminars | $300 per day or then current reasonable rates. |
Source: Item 6 — OTHER FEES (FDD pages 13–19)
What This Means (2023 FDD)
According to Advanced Mobile Iv And Amiv's 2023 Franchise Disclosure Document, the additional training fee of $300 per day, plus reimbursement for reasonable out-of-pocket costs, is due either before opening the franchise or after opening it for business.
To receive additional training, the franchisee must provide Advanced Mobile Iv And Amiv with at least 35 days' prior written notice. The length of the training is negotiable based on the franchisee's needs.
It is important to note that franchisees will not be compensated for any services they provide during this additional training, or any other training. Advanced Mobile Iv And Amiv may also designate qualified franchisees or master franchisees to conduct some or all of the training.