What is the cost for refresher training programs and seminars from 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. | 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. We may charge this fee even if you do not attend. |
| Cost to Attend Annual Convention | $1,000 to $3,500 | As arranged with third party vendors | You are required to attend our annual convention. The amounts in this table are estimates for your travel, food and lodging costs to attend. |
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 cost for refresher training programs and seminars is $300 per day or the then-current reasonable rates. This fee is due upon demand.
In addition to the training fee, franchisees are exclusively responsible for covering all travel, living, and other related expenses when attending these refresher training programs and seminars. This means that franchisees need to budget not only for the daily training cost but also for transportation, accommodation, meals, and any other incidental costs associated with attending the training.
It is important for prospective franchisees to factor in these additional costs when considering the overall financial investment required to operate an Advanced Mobile Iv And Amiv franchise. The "upon demand" payment term suggests that these refresher courses are not necessarily mandatory or scheduled regularly, but rather are available as needed or required by Advanced Mobile Iv And Amiv. Franchisees should inquire about the typical frequency and location of these programs to better estimate potential expenses.