What are the qualifications for an individual to be a Designated Manager for an Anago Subfranchise Rights Business?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
Each Subfranchise Rights Business must be conducted as a limited liability company or a corporation. An individual who is the controlling shareholder or managing member of that entity must act as the Designated Manager. The Designated Manager must complete, to our satisfaction, our initial training program and be responsible for supervising Your activities under this Agreement. This obligation may not be delegated without Our prior approval.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD page 43)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, each Subfranchise Rights Business must be conducted as either a limited liability company or a corporation. The individual who holds the position of controlling shareholder or managing member within that entity is required to serve as the Designated Manager.
The Designated Manager is obligated to successfully complete Anago's initial training program. This training ensures they are equipped with the necessary knowledge and skills to oversee the activities carried out under the Subfranchise Rights Agreement. The Designated Manager is directly responsible for supervising these activities.
It's important to note that the responsibilities of the Designated Manager cannot be delegated to another individual without obtaining prior approval from Anago. This requirement ensures that a qualified and authorized person is always in charge of the Subfranchise Rights Business operations, maintaining Anago's standards and protecting its interests.