Who pays for the equipment required to maintain the Premises for Advanced Mobile Iv And Amiv?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
by you from the Franchise, you will pay these taxes. You will pay to us promptly and when due the amount of all sales taxes, personal property taxes and similar taxes imposed upon, required to be collected, or on account of collection by us of the Initial Franchise Fee, the Royalty Fee, or any other payments you make to us pursuant to this Agreement.
All the costs of the Franchise, including opening and operating costs, will be your sole obligation. We will have no costs, liability or expense whatsoever with respect to your opening and operation of the Franchise. You will not use or employ the Marks in performing any activity or incurring any obligation or indebtedness in a manner that could result in making us liable for them. You are responsible for any employee wages and compensation, payroll taxes and other required withholding, worker's compensation and benefits. You will control your own employees and contractors. You will take all steps necessary to maintain a safe and healthy environment for your workers and customers.
You will pay all of the operating expenses of your franchise business in a timely manner. You understand and agree that your failure to do so could materially harm the reputation of Licensed Methods and of the Marks and our ability and the ability of our franchisees to obtain favorable purchase, lease or finance terms. You expressly agree to promptly make all product purchase payments on invoices and statements rendered to you in accordance with the terms of the invoices and statements. If you have a bona fide dispute with any supplier or vendor which you believe justifies non-payment or partial payment, you must promptly notify the supplier or vendor of the particulars of your claim and diligently pursue resolution of the claim or prosecution of appropriate legal action. Any trade debt which remains unpaid for more than 30 days after the date it is due
8 – ADVANCED MOBILE IV FRANCHISE AGREEMENT
will constitute a breach of this Agreement unless, before the end of the 30-day period (i) you and the supplier or vendor agree to alternative payment terms; or (ii) you initiate appropriate legal action to contest the trade debt. We will have no liability for your debts or obligations to third parties.
You authorize us to communicate with all the suppliers, distributors, and vendors with whom you do business and you authorize them to communicate with us regarding all aspects of your purchases from and dealings with them. You authorize us to instruct the suppliers, distributors, and vendors (and you instruct them to comply with our instruction) to immediately cease sales and deliveries to you upon the occurrence of any default by you under this Agreement. You will, at our option, execute the forms and documents we deem necessary to appoint us as your true and lawful attorney-in-fact with full power and authority for the sole purpose of obtaining any and all returns and reports filed by you with any state or federal taxing authority relating to the Franchise.
3 TRAINING
3.1 Initial Training. We will provide to you an initial training program and online access to initial orientation and training materials and videos and the initial training program checklist. We will assist you and your manager to complete the initial training program using the initial orientation and training materials and videos. We will monitor your progress to ensure that all required initial training items are covered.
Source: Item 23 — RECEIPTS (FDD pages 54–202)
What This Means (2023 FDD)
According to Advanced Mobile Iv And Amiv's 2023 Franchise Disclosure Document, the franchisee is solely responsible for all costs associated with the franchise, including opening and operating costs. This means Advanced Mobile Iv And Amiv will not have any costs, liability, or expenses related to the franchisee's operation.
The franchisee is responsible for maintaining and updating all computer system requirements and services needed to access the internet and intranet as required by Advanced Mobile Iv And Amiv, and must have high-speed internet service at their business or home office. The franchisee is also responsible for employee wages, compensation, payroll taxes, worker's compensation, and benefits, and must maintain sufficient staff to handle customer volume, paying them a prevailing wage.
Furthermore, the franchisee must operate the franchise in a clean and orderly manner, following the standards of service prescribed by Advanced Mobile Iv And Amiv. They are also responsible for maintaining the standards of quality, maintenance, repair, and sanitation required for the highest rating from governmental authorities. If the franchisee fails to obtain the highest classification, they must comply with all requirements to achieve it within 30 days of notice. If they fail to do so, Advanced Mobile Iv And Amiv may send trained personnel to train the franchisee's employees until the franchise obtains the highest classification, with the franchisee reimbursing Advanced Mobile Iv And Amiv for all costs, including transportation, meals, lodging, salary, wages, and fringe benefits (calculated as 15% of salary and wages).