Is Corey B a co-owner of the Bang Cookies franchise?
Bang_Cookies Franchise · 2024 FDDAnswer 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' parent company. 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, the document specifies that Corey B is not involved in the management or day-to-day operations of the Bang Cookies franchisor.
For a prospective franchisee, this means that while Corey B's name and image may be used to promote the Bang Cookies brand, they will not be involved in the direct oversight of the franchise system. This arrangement allows Bang Cookies to leverage Corey B's social media presence and influence to attract customers and build brand awareness.
It is important to note that Corey B's role is limited to advertising and promotional activities, and they have no authority over the operational aspects of the franchise. Franchisees will still interact primarily with the Bang Cookies management team for training, support, and guidance. This distinction is crucial for franchisees to understand, as it clarifies the scope of Corey B's involvement and ensures that franchisees do not rely on them for operational matters.