factual

What training program must an Operating Manager complete for a Bang Cookies franchise?

Bang_Cookies Franchise · 2024 FDD

Answer from 2024 FDD Document

The Franchise Agreement requires that you or, if you are a Corporate Entity, your designated managing shareholder, member or partner (your "Managing Owner") be personally responsible for the management and overall supervision of your Shop. Your Managing Owner must complete, to our satisfaction, our initial training program and be approved by us. While we recommend that your Managing Owner personally participate in the day-to-day management and on-site supervision and operations of your Shop, you may hire an operating manager to supervise and manage the day-to-day on-site operations of your Shop provided that your operating manager: (a) meets all of our minimum standards and criteria for managers; (b) completes our initial training program; and (c) signs our confidentiality agreements (an "Operating Manager"). At all times, your Shop must be managed and supervised on-site by either a Managing Owner or Operating Manager. If you own and operate multiple Shops then each Shop must be managed and supervised on-site by an Operating Manager.

Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD page 40)

What This Means (2024 FDD)

According to Bang Cookies' 2024 Franchise Disclosure Document, if a franchisee chooses to hire an Operating Manager, that manager must complete Bang Cookies' initial training program to the franchisor's satisfaction. The Operating Manager must also meet the minimum standards and criteria for managers set by Bang Cookies and sign confidentiality agreements.

This initial training program is also required for the Managing Owner of the Bang Cookies franchise. The training may include both classroom and on-the-job instruction at a location designated by Bang Cookies.

If the Bang Cookies shop is not being managed by a Managing Owner or Operating Manager who has satisfactorily completed the Training Program, Bang Cookies is authorized to appoint a manager to maintain operations on behalf of the franchisee. However, this does not relieve the franchisee of their obligations or waive Bang Cookies' right to terminate the franchise agreement.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.