Who administers the Bft Fund?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
The Fund is administered by Franchisor (or its affiliates) with the assistance and advice provided by a Fund advisory committee (the "FAC") pursuant to a charter agreement among Franchisor and the members of the FAC, which serves in an advisory capacity only.
The FAC represents BFT Studio franchisees and advises Franchisor with regard to all advertising, marketing and public relations programs and activities financed by the Fund, including the creative concepts, materials and endorsements used and the geographic market, media placement and allocation.
The FAC is purely advisory in nature and has no operational or ultimate decision-making authority.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the Bft Fund is administered by the Franchisor, or its affiliates. The Fund is supported by the advice of a Fund advisory committee (FAC). The FAC's role is purely advisory, with no operational or ultimate decision-making authority.
The FAC represents Bft Studio franchisees and advises the Franchisor on advertising, marketing, and public relations programs financed by the Fund. This includes input on creative concepts, materials, endorsements, geographic markets, and media placement.
Ultimately, the Franchisor retains the authority to make all operational and final decisions regarding the Fund's activities. This structure is typical in franchising, where the franchisor controls brand standards and marketing strategies, while incorporating franchisee feedback through advisory committees.