How often can Advanced Mobile Iv And Amiv change the Software Fee?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
You understand and agree that the Licensed Methods must not remain static if it is to meet presently unforeseen future changes in technology, competitive circumstances, demographics, consumer trends, social trends and other marketplace variables and to best serve the interests of you, us and our other franchisees. We may add to, subtract from, change or modify any part of the Marks, Operations Manual, or Licensed Methods from time to time at our sole discretion, This may include changes to the products, equipment, signage, trade dress, décor, design, appearance, operations, programs, services, methods, standards, forms, policies and procedures of the Licensed Methods or abandoning the Licensed Methods altogether in favor of another system in connection with a merger, acquisition, or other business reason. You will accept, use, and protect, for the purposes of this Agreement, all additions, subtractions, changes and modifications as if they were a part of the Marks, Operations Manual, and Licensed Methods at the time this Agreement is executed. You will bear all costs and expenses which may be reasonably necessary as a result of such changes or modifications. Except as otherwise provided in this Agreement, under no circumstances will we be liable to you for any damages, costs, losses, or detriments relating to or directly or indirectly resulting from these changes or modifications.
Source: Item 23 — RECEIPTS (FDD pages 54–202)
What This Means (2023 FDD)
Based on the 2023 Franchise Disclosure Document, the frequency with which Advanced Mobile Iv And Amiv can change the Software Fee is not explicitly stated. However, Advanced Mobile Iv And Amiv retains the right to modify its Licensed Methods, which could indirectly affect the software and associated fees.
According to the FDD, Advanced Mobile Iv And Amiv may modify the Marks, Operations Manual, or Licensed Methods from time to time at their sole discretion. These modifications may include changes to products, equipment, signage, trade dress, décor, design, appearance, operations, programs, services, methods, standards, forms, policies, and procedures. Franchisees are obligated to accept and use these changes as if they were part of the original agreement and are responsible for any costs associated with these changes.
While the FDD does not specify how often Advanced Mobile Iv And Amiv can adjust the Software Fee, it's important for a prospective franchisee to discuss this point with the franchisor to understand the potential frequency and magnitude of changes to the software fee, as these changes could impact the franchisee's operating costs and profitability. Understanding the conditions under which Advanced Mobile Iv And Amiv might change the software fee is crucial for financial planning.