Besides the daily fee, what other expenses are Bang Cookies franchisees responsible for when participating in supplemental on-site training?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
3.C.).
Post-Opening Obligations
-
- Supplemental Training We may require that you and your Operating Manager participate in supplemental on-site training that we may designate and require in our discretion. We may provide, in our discretion, supplemental training on-site at your Shop Location. You will be required to pay our then current supplemental training fee, currently $300 per on-site trainer per day, plus travel expenses, meals and accommoda
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 29–36)
What This Means (2024 FDD)
According to Bang Cookies's 2024 Franchise Disclosure Document, if Bang Cookies requires a franchisee or their Operating Manager to participate in supplemental on-site training, the franchisee is responsible for covering several expenses. In addition to paying the then-current supplemental training fee, which is currently $300 per on-site trainer per day, the franchisee must also pay for the travel expenses, meals, and accommodation expenses incurred by Bang Cookies.
This means that a Bang Cookies franchisee needs to budget not only for the training fee itself but also for the costs associated with sending a trainer to their location. These additional costs can include airfare or mileage, hotel stays, and daily food allowances for the trainer. These costs can vary significantly depending on the distance to the franchise location and the duration of the training.
Prospective Bang Cookies franchisees should consider these potential supplemental training costs when evaluating the overall investment and operating expenses of the franchise. It would be prudent to discuss with Bang Cookies how frequently supplemental training is required, the typical duration of such training, and an estimate of the associated travel and accommodation costs to better prepare a financial forecast.