factual

What is Corey B's relationship to the Bang Cookies parent company?

Bang_Cookies Franchise · 2024 FDD

Answer from 2024 FDD Document

and as otherwise disclosed in Exhibit I to this Disclosure Document. |

ITEM 18 PUBLIC FIGURES

TikTok influencer "Corey B" is a co-owner of our parent company, investing $35,000. As a co-owner Corey will assist in our social media advertising and make an appearance at s

Source: Item 18 — PUBLIC FIGURES (FDD pages 49–50)

What This Means (2024 FDD)

According to Bang Cookies' 2024 Franchise Disclosure Document, Corey B, a TikTok influencer, is a co-owner of Bang Cookies Corporation, the parent company of the franchisor, Bang Cookies Franchise LLC. Corey B invested $35,000 in the parent company. As a co-owner, Corey B will assist with social media advertising and make appearances at store openings. However, Corey B is not involved in the management or day-to-day operations of the franchisor.

This arrangement suggests that Bang Cookies is leveraging Corey B's social media presence to promote the brand. While Corey B's involvement could boost brand awareness and attract customers, prospective franchisees should be aware that Corey B's role is limited to advertising and appearances, and he is not involved in the operational aspects of the franchise system.

For a potential Bang Cookies franchisee, this information is relevant for understanding the marketing strategies and resources available from the franchisor. It is important to assess the effectiveness of social media advertising and the potential impact of Corey B's appearances on local store performance. Franchisees should also consider the risks associated with relying on a single influencer for brand promotion and whether the franchisor has alternative marketing plans in place.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.