factual

Who composes the Afuri Ramen Dumpling Advisory Council?

Afuri_Ramen_Dumpling Franchise · 2024 FDD

Answer from 2024 FDD Document

We may form an Advisory Council, which would be composed of franchisees and our representatives. The Council may work with us to improve the System, the products and services offered at franchised restaurants, advertising and promotional campaigns, and other matters. The franchisee representatives may be selected by us or may be selected by a vote of other franchisees in the System. The Council will serve in an advisory capacity only. If you participate on a Council, you will pay any costs you incur related to your participation, such as travel and living expenses to attend Council meetings. We will have the authority to dissolve, change and reform the Council.

Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 27–34)

What This Means (2024 FDD)

According to the 2024 Afuri Ramen Dumpling Franchise Disclosure Document, the Advisory Council, if formed, will consist of both franchisees and representatives from Afuri Ramen Dumpling. The franchisee representatives may be selected either by Afuri Ramen Dumpling or through a vote by other franchisees within the system.

The Advisory Council's role is to collaborate with Afuri Ramen Dumpling to improve various aspects of the franchise system. This includes enhancing the system itself, refining the products and services offered at franchised restaurants, and contributing to advertising and promotional campaigns. The council also addresses other relevant matters to support the growth and success of the Afuri Ramen Dumpling franchise network.

It is important to note that the Advisory Council serves only in an advisory capacity, meaning its suggestions are not binding. Franchisees who participate on the council are responsible for covering their own expenses, such as travel and lodging, when attending council meetings. Afuri Ramen Dumpling retains the authority to dissolve, change, and reform the council as it deems necessary.

Disclaimer: This information is extracted from the 2024 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.