Who is responsible for the travel and living expenses when attending a Better Blend meeting or convention?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee is responsible for all travel and living expenses of attending any such meeting or convention.
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, the franchisee is responsible for all travel and living expenses when attending any required meeting or convention. The FDD states that the franchisee is responsible for these costs, which include transportation, accommodation, meals, and other related expenses.
Better Blend may charge the franchisee an attendance fee for national or regional brand conventions, regardless of whether the Principal Executive attends. The Principal Executive is expected to attend all in-person and remote meetings required by Better Blend, including national or regional brand conventions or conferences. The franchisee must ensure that the Principal Executive does not miss more than three consecutive required meetings.
This means that franchisees must budget for these expenses when planning their business operations. Franchisees should consider the potential costs of attending these meetings and conventions, as they can add up quickly. It is important for franchisees to factor in these costs when making financial projections and managing their business expenses. This is a fairly standard practice in franchising, as franchisees are generally responsible for their own travel and lodging to attend training, conferences, and other events.