What is the cost for additional training from Advanced Mobile Iv And Amiv, and what other expenses are involved?
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. | Upon demand | In addition to a reasonable training fee, you are exclusively responsible for paying all travel, living and other expenses and compensation of attending refresher training programs and seminars. (See Franchise Agreement, Section 3.2) |
| Annual Convention Fee | Up to $500 | Upon demand | You are required to attend our annual convention. |
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, additional training costs $300 per day, plus reimbursement for reasonable out-of-pocket expenses. This training can occur before opening the franchise or after it is open for business.
For a prospective Advanced Mobile Iv And Amiv franchisee, this means that if they feel they need more training than initially provided, they can request it, but it will come at a daily cost and they will need to cover the trainer's expenses. The duration of the additional training is negotiable based on the franchisee's needs. The franchisee must provide at least 35 days' prior written notice to Advanced Mobile Iv And Amiv of their desire to receive additional training.
It is important to note that the franchisee will not receive any compensation for services rendered by the trainee during this additional training. Advanced Mobile Iv And Amiv may also designate qualified franchisees or master franchisees to conduct some or all of the training.
In addition to additional training, Advanced Mobile Iv And Amiv also offers refresher training programs and seminars at a cost of $300 per day or then-current reasonable rates. The franchisee is exclusively responsible for paying all travel, living, and other expenses and compensation for attending these refresher training programs and seminars.