factual

Does Advanced Mobile Iv And Amiv have any obligations to the franchisee before they open their franchise?

Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDD

Answer from 2023 FDD Document

11. FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING

Except as listed below, we are not required to provide you with any assistance.

A. Pre-Opening Obligations

Before you open your franchise, we will:

    1. Designate your Franchise Territory in the Franchise Agreement before the Franchise Agreement is executed. (Franchise Agreement, Section 1.1) The telephone line and associated number are paid for by us from the Software Fees that you pay to us. We may turn off or prohibit you to use or access the phone number if you do not pay to us the Software Fees or if you are not otherwise in good standing under your franchise agreement with us.
    1. Provide you online access to initial orientation and training materials and the initial training program checklist (Franchise Agreement, Section 3.1).
    1. Provide the Operations Manual. (Franchise Agreement, Section 5.1).
    1. Assist you and your manager to complete the initial training program using the initial orientation and training materials and monitor your completion of the training checklist. (Franchise Agreement, Section 3.1).

AMIV FRANCHISE DISCLOSURE DOCUMENT 28

  1. Give you a list of any approved or designated suppliers. (Franchise Agreement, Section 5.1)

Time to Open

The typical length of time between the signing of the Franchise Agreement or first payment of consideration for the Franchise and the opening of the Franchise for business is about 15 to 90 days. You must complete the initial training program and commence your franchise business operations within the earlier of 180 days after you sign the franchise agreement or 60 days after you successfully complete the initial training program. Factors that may affect this time are arranging for the training session, equipping the Franchise, obtaining insurance and initial inventory, financing and business permit and licensing requirements, and your personal operational needs. Any failure caused by a war or civil disturbance, a natural disaster, a labor dispute, shortages or other events beyond your reasonable control will be excused for a time that is reasonable under the circumstances.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 28–36)

What This Means (2023 FDD)

According to Advanced Mobile Iv And Amiv's 2023 Franchise Disclosure Document, the company has several obligations to franchisees before they open their franchise.

Specifically, Advanced Mobile Iv And Amiv will designate the franchisee's territory in the Franchise Agreement before it is executed. They will also provide online access to initial orientation and training materials, including the initial training program checklist. Additionally, Advanced Mobile Iv And Amiv will provide the Operations Manual to the franchisee. They will also assist the franchisee and their manager in completing the initial training program, monitoring their progress using the training checklist. Finally, Advanced Mobile Iv And Amiv will provide a list of approved or designated suppliers.

The typical time between signing the Franchise Agreement and opening the franchise is 15 to 90 days. Franchisees must complete the initial training program and commence operations within 180 days after signing the agreement or 60 days after completing the training program, whichever is earlier. Factors such as arranging training, equipping the franchise, obtaining insurance and inventory, securing financing, and meeting permit and licensing requirements can affect this timeline.

Advanced Mobile Iv And Amiv also states that except for the items listed, they are not required to provide franchisees with any assistance before opening their franchise.

Disclaimer: This information is extracted from the 2023 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.