What systems does Advanced Mobile Iv And Amiv provide for franchisee use?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
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Other than the Marketing Fees and the Regional Advertising Funds described above, there are no other advertising funds in which you must participate.
Computer Systems
To ensure consistency throughout the franchise system, you must utilize certain technology and software in your operations. All websites and accounting and reporting must be performed using software that we may designate from time to time. (Franchise Agreement, Sections 5.10) We currently require that you have a subscription to and utilize QuickBooks online and our primary
AMIV FRANCHISE DISCLOSURE DOCUMENT 34
website for all bookkeeping, accounting, and reporting. This is included in the $500 per month Software Fee. There are additional Stripe payment processing fees.
You must utilize a laptop or tablet device and a cell phone in the operation of your franchised business. The devices must connect to the Internet and must be fully compatible with the designated software and meet our minimum specifications and guidelines and those of the designated software. You must lease, purchase, or otherwise acquire, from sources of your choice and at your expense, software and hardware which strictly conform to our specifications. We will give you at least 90 days' written notice, describing the hardware, software, and upgrading requirements of the system before you are obligated to initially install the computer systems. Required computer systems, hardware, and software generally cost between $500 and $1,500.
We may require you to use an information processing and communication system that is fully compatible with any program or system which we, in our sole discretion, may employ. If we require, you must record and transmit all financial information using this system and our designated ISP or other communication vendors. We may at our discretion change standards for reporting to provide effective technology for the entire system. We will have full ability to poll your data, system, and related information by means of direct access whether in person or by telephone/modem. We will have independent access to the information that will be generated and stored in your information processing and communication system. We will have access to all of your data and there will be no contractual limitation on our right to access your information or data. We will not implement any electronic system that will disrupt or damage your electronic system, and our access will be read-only.
We may utilize financial and other data received from you and your computer systems. To provide transparency in the franchise system and for reporting purposes, we may publish any of your financial and other data so received on our franchisee intranet and disclosure documents; this information may include without limitation sales, lead volume, closing ratio, cost of goods and services sold, etc.
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, franchisees are required to use specific technology and software to ensure consistency throughout the franchise system. All websites, accounting, and reporting must be performed using software designated by Advanced Mobile Iv And Amiv, including a subscription to QuickBooks online and their primary website. The franchisee is responsible for a $500 per month software fee, which includes the website for bookkeeping, accounting, and reporting, but this does not include Stripe payment processing fees.
Franchisees must use a laptop or tablet and a cell phone that connects to the Internet and is compatible with the designated software. Franchisees are responsible for acquiring the necessary hardware and software that meets Advanced Mobile Iv And Amiv's specifications, with an estimated cost between $500 and $1,500. Advanced Mobile Iv And Amiv will provide at least 90 days' written notice before franchisees are obligated to install the computer systems, detailing the hardware, software, and upgrading requirements.
Advanced Mobile Iv And Amiv may require franchisees to use an information processing and communication system that is fully compatible with any program or system they employ. Franchisees may be required to record and transmit all financial information using this system and Advanced Mobile Iv And Amiv's designated ISP or other communication vendors. Advanced Mobile Iv And Amiv has the ability to poll franchisee data, system, and related information through direct access, and will have independent access to the information generated and stored in the franchisee's information processing and communication system. Advanced Mobile Iv And Amiv may use financial and other data received from franchisees and their computer systems, and may publish this data on their franchisee intranet and disclosure documents for transparency and reporting purposes.