Can Bambu change payment instructions, and if so, what is the condition?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Bambu may designate and change payment instructions at any time on prior written notice to Franchisee.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, Bambu can change payment instructions for franchisees. Bambu must provide prior written notice to the franchisee before implementing any changes to payment instructions.
This means that Bambu retains the flexibility to modify how franchisees are required to make payments, potentially adapting to new technologies, banking regulations, or internal accounting practices. However, franchisees will receive advance notification of these changes, allowing them time to adjust their payment processes accordingly.
For a prospective franchisee, this highlights the importance of maintaining open communication with Bambu regarding payment procedures and staying informed about any updates or modifications. While Bambu has the right to change payment instructions, the requirement for prior written notice ensures that franchisees are not caught off guard and have the opportunity to prepare for any changes.