What does 'Additional Initial Training Fee' refer to in the Bang Cookies Franchise Agreement?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
this Agreement for Shop Facilities, and Shop Locations including, but not limited to, the requirements set forth in Articles 2.A. and 3.B. of this Agreement. Franchisee agrees that Franchisor possesses sole discretion as to whether or not Franchisor approves of Franchisee's relocation request.
ARTICLE 4 TRAINING AND OPERATING ASSISTANCE
4.A. INITIAL TRAINING, SUPPLEMENTAL TRAINING AND SYSTEM-WIDE TRAINING
(1) Within 45 days of the earlier of the Scheduled Business Commencement Date or the Actual Business Commencement Date, Franchisee's Managing Owner and one manager must complete, to Franchisor's satisfaction, Franchisor's initial training program (the "Training Program"). Franchisor will provide Franchisee, comprised of Franchisee's Managing Owner, and one designated manager, with Franchisor's
Source: Item 23 — RECEIPTS (FDD pages 56–245)
What This Means (2024 FDD)
According to Bang Cookies's 2024 Franchise Disclosure Document, the Additional Initial Training Fee applies when a franchisee wants more than the standard two individuals (Managing Owner and one manager) to attend the initial training program. Bang Cookies requires the Managing Owner and one manager to complete the initial training program to the Franchisor's satisfaction.
If the franchisee desires to send additional people to the initial training, they must first obtain approval from Bang Cookies. If approved, the franchisee is then required to pay an additional fee of $300 per person.
This fee must be pre-paid before the training begins, and Bang Cookies will provide an invoice to the franchisee for the amount due. This policy ensures that Bang Cookies is compensated for the additional resources and materials required to train more individuals than the standard allotment.