Who determines the amount and specifics of the Bang Cookies Point of Sale System Fee?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
"Business Management System" refers to and means the software, internet, web based and/or cloud based system or systems, point of sale system or systems and customer relationship management system or systems as same may be individually or collectively designated by us, in our Reasonable Business Judgment, as being required for use by the Franchised Business, including, but not limited to, the dayto-day sales, ordering, operations and management of the Franchised Business.
"Business Management System Data" refers to and means the forms, data, tools, customer information, inventory and sales information that: (a) is pre-populated or entered into the Business Management System utilized by Franchisee; (b) is entered (whether by us or Franchisee) into the Business Management System utilized by Franchisee; and/or (c) is recorded, stored and/or maintained by the Business Management System in connection with the management and operations of the Franchised Business.
Source: Item 23 — RECEIPTS (FDD pages 56–245)
What This Means (2024 FDD)
According to Bang Cookies' 2024 Franchise Disclosure Document, the brand, in its Reasonable Business Judgment, designates the Business Management System, which includes the point of sale system, that franchisees are required to use.
The FDD defines the "Business Management System" as the software, internet, web-based, cloud-based, point of sale, and customer relationship management systems that Bang Cookies requires franchisees to use for day-to-day operations. This system covers sales, ordering, operations, and management of the franchised business.
The "Business Management System Data" encompasses all forms, data, customer information, inventory, and sales information entered into or maintained by the system. This includes data pre-populated, entered by either the franchisor or franchisee, and recorded by the system in connection with managing the franchise.
As a prospective franchisee, it is important to understand that Bang Cookies maintains control over the Business Management System, including the point of sale system. Franchisees must use the designated system and adhere to any modifications or replacements made by Bang Cookies. It would be prudent to confirm with Bang Cookies what the typical costs are for the Business Management System and if there are any options available.