Besides the daily rate, what other expenses might a Bang Cookies franchisee have to pay for supplemental training?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
rograms and seminars, including, without limitation, the cost of transportation, lodging, meals and any salaries and other wages.
- (3) Franchisee shall pay all costs and expenses incurred by Franchisee, and those attending training on behalf of Franchisee, in connection with Franchisee's participation in all Training Programs and satisfaction of Franchisee's Training Program obligations as designated by Franchisor.
- (4) Subject to Franchisor's approval and agreement, Franchisor may offer supplemental training to Franchisee at Franchisee's Shop Location or, as elected by Franchisor, remotely through online web based conferencing (hereinafter referred to as "Supplemental Training"). Franchisor, in Franchisors Reasonable Business Judgment, reserves the right to reject or approve of any request by Franchisee for Supplemental Training. If Franchisor does agree to offer and provide Supplemental Training, Franchisee shall pay to Franchisor a supplemental training fee at the rate of $300 per trainer per day plus, if applicable, reimbursement of travel and hotel accommodation expenses incurred by Franchisor (the "Supplemental Training Fee"). Franchisee agrees that in each instance where Franchisee hires a new Operating Manager, and/or Franchisor, in Franchisor's Reasonable Business Judgment, determines that Franchisee is not satisfying and/or meeting Franchisor's operational standards, then, Franchisor may require that Franchisee, and/or, as applicable, Franchisee's Operating Manager participate in and, successfully complete, Supplemental Training pay the Supplemental Training Fees designated by Franchisor.
Source: Item 23 — RECEIPTS (FDD pages 56–245)
What This Means (2024 FDD)
According to Bang Cookies' 2024 Franchise Disclosure Document, if the franchisor agrees to offer supplemental training, the franchisee must pay a supplemental training fee of $300 per trainer per day. Additionally, the franchisee is responsible for reimbursing Bang Cookies for travel and hotel accommodation expenses incurred by the franchisor. These fees must be prepaid before the training begins, upon submission of an invoice from Bang Cookies.
This supplemental training may be required if a franchisee hires a new Operating Manager or if Bang Cookies determines that the franchisee is not meeting operational standards. The franchisor maintains the right to approve or reject any request for supplemental training, exercising reasonable business judgment in the decision.
Furthermore, the franchisee is responsible for all costs and expenses incurred by the franchisee and anyone attending training on their behalf. These costs include transportation, lodging, meals, salaries, and any other wages. This means that in addition to the supplemental training fee and travel/accommodation reimbursement, a franchisee must also budget for the costs associated with sending themselves or their employees to the training location.