What factors does Bang Cookies consider when evaluating a supplier?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
We do not make our procedures or criteria for approving suppliers available to our System franchisees, except that when evaluating the approval of a particular supplier, among other things, we consider: whether the supplier can demonstrate to our reasonable satisfaction the ability to meet our standards, specifications and production requirements, the suppliers quality control, whether or not we are the exclusive supplier of the particular item, whether or not our affiliate or affiliates are the exclusive supplier of the particular item, and whether or not the suppliers approval, in our sole determination, will allow us to advance the overall interests of the System and our company.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 24–28)
What This Means (2024 FDD)
According to Bang Cookies's 2024 Franchise Disclosure Document, when evaluating a supplier, Bang Cookies considers several factors. These include the supplier's ability to meet Bang Cookies's standards, specifications, and production requirements to a reasonable degree of satisfaction. Bang Cookies also assesses the supplier's quality control measures.
Additionally, Bang Cookies takes into account whether it or its affiliates are the exclusive supplier of the particular item in question. Finally, Bang Cookies considers whether approving the supplier will advance the overall interests of the Bang Cookies system and the company itself.
Bang Cookies does not make its specific procedures or criteria for approving suppliers available to franchisees. If a franchisee wants to use a new supplier, they must get written approval from Bang Cookies and provide any requested information, samples, and testing data. Bang Cookies may charge a fee to cover the costs of reviewing the proposed supplier. Bang Cookies may also inspect the supplier's facilities. Bang Cookies has the sole discretion to approve or disapprove any supplier.