What is the supplemental training fee for Bang Cookies?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
rograms and seminars, including, without limitation, the cost of transportation, lodging, meals and any salaries and other wages.
- (3) Franchisee shall pay all costs and expenses incurred by Franchisee, and those attending training on behalf of Franchisee, in connection with Franchisee's participation in all Training Programs and satisfaction of Franchisee's Training Program obligations as designated by Franchisor.
- (4) Subject to Franchisor's approval and agreement, Franchisor may offer supplemental training to Franchisee at Franchisee's Shop Location or, as elected by Franchisor, remotely through online web based conferencing (hereinafter referred to as "Supplemental Training"). Franchisor, in Franchisors Reasonable Business Judgment, reserves the right to reject or approve of any request by Franchisee for Supplemental Training. If Franchisor does agree to offer and provide Supplemental Training, Franchisee shall pay to Franchisor a supplemental training fee at the rate of $300 per trainer per day plus, if applicable, reimbursement of travel and hotel accommodation expenses incurred by Franchisor (the "Supplemental Training Fee"). Franchisee agrees that in each instance where Franchisee hires a new Operating Manager, and/or Franchisor, in Franchisor's Reasonable Business Judgment, determines that Franchisee is not satisfying and/or meeting Franchisor's operational standards, then, Franchisor may require that Franchisee, and/or, as applicable, Franchisee's Operating Manager participate in and, successfully complete, Supplemental Training pay the Supplemental Training Fees designated by Franchisor. Supplemental Training Fees shall be pre-paid in advance of training and upon submission of invoice by Franchisor to Franchisee.
- (5) Franchisor, in Fran
Source: Item 23 — RECEIPTS (FDD pages 56–245)
What This Means (2024 FDD)
According to Bang Cookies' 2024 Franchise Disclosure Document, franchisees may be required to participate in supplemental training. If Bang Cookies agrees to offer supplemental training, the franchisee must pay a supplemental training fee. This fee is $300 per trainer per day, and the franchisee must also reimburse Bang Cookies for travel and hotel accommodation expenses, if applicable. These supplemental training fees must be pre-paid in advance of the training, upon submission of an invoice from Bang Cookies to the franchisee.
Bang Cookies may require this supplemental training if a franchisee hires a new Operating Manager or if Bang Cookies determines that the franchisee is not meeting their operational standards. The franchisor must approve all individuals attending and participating in both the Training Program and any Supplemental Training programs. All participants must qualify as either an Owner or Operating Manager and must have executed the Franchise Owner and Spouse Agreement and Guaranty or the Confidentiality Agreement before training.
This supplemental training fee is in addition to the initial franchise fee and other ongoing fees. It is important for prospective franchisees to understand the circumstances under which supplemental training may be required and to budget accordingly. The requirement for supplemental training is determined by Bang Cookies in its Reasonable Business Judgment.