Can Bang Cookies modify the Approved Services and Products?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
Under the Franchise Agreement you will develop and operate your Shop in conformity with the requirements of our System. The System includes Approved Services and Products that we currently designate and that we may modify, add to or discontinue from time to time, and our specifications, methods and procedures for marketing, selling, offering, and providing the Approved Services and Products. The System also features and requires, as designated by us, your exclusive purchase, use, and maintenance of certain merchandise, inventory, products, supplies, and goods constituting or comprising the Approved Services and Products offered for sale and/or the services provided and further includes displays, equipment, furniture, and fixtures designated by us (collectively, the "System Supplies"). You must operate your Shop in conformity with the specifications, procedures, criteria and requirements that we designate in our confidential operations manual and other proprietary manuals that we may designate and loan to you and, as we may from time to time supplement and modify other manuals and communications (collectively, the "Manuals").
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–11)
What This Means (2024 FDD)
According to Bang Cookies's 2024 Franchise Disclosure Document, the franchise system includes 'Approved Services and Products' that Bang Cookies currently designates. Bang Cookies retains the right to modify, add to, or discontinue these Approved Services and Products over time. This means that while franchisees are initially provided with a specific set of products and services to offer, Bang Cookies can change this offering as they see fit.
For a prospective franchisee, this implies a degree of flexibility, but also a potential risk. On one hand, Bang Cookies can adapt to changing market demands and introduce new, potentially profitable items. On the other hand, they could discontinue popular items or introduce new items that franchisees are not equipped or prepared to handle.
Furthermore, the Bang Cookies system requires franchisees to exclusively purchase, use, and maintain certain merchandise, inventory, products, supplies, and goods that constitute the Approved Services and Products. This means that if Bang Cookies modifies the Approved Services and Products, franchisees will be obligated to purchase and use the new designated items, potentially incurring additional costs. Franchisees must operate their shop in accordance with the specifications, procedures, criteria, and requirements designated in Bang Cookies's confidential operations manual, which Bang Cookies may supplement and modify from time to time. Therefore, franchisees should be prepared for ongoing changes and updates to the Bang Cookies system.