What is the definition of 'Learning Management System' for a Bft franchise?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
- 6.3 Learning Management System. During the Term, Franchisor will grant Franchisee access to its confidential online learning management platform, which includes electronic versions of manuals and written policies and procedures related to the development and operation of BFT Studios (collectively, the "Learning Management System").
The Learning Management System is anticipated to codify then-current specifications, standards and operating procedures prescribed or suggested by Franchisor.
Franchisee acknowledges that Franchisor may from time to time revise its System Standards as well as the contents of the Learning Management System (including by written memoranda and notices issued to owners of BFT Studios), and Franchisee agrees to comply with each new or changed standard and specification upon notice from Franchisor.
The Learning Management System shall remain the sole property of Franchisor and is part of, and subject to the requirements applicable to, Franchisor's Confidential Information (as defined in Section 12.1).
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the Learning Management System is defined as the franchisor's confidential online learning management platform. Bft franchisees gain access to this platform during the term of their agreement.
The Learning Management System includes electronic versions of manuals, written policies, and procedures related to the development and operation of Bft studios. It is intended to codify the specifications, standards, and operating procedures prescribed or suggested by Bft.
Bft retains the right to revise the System Standards and the contents of the Learning Management System, including through written memoranda and notices. Franchisees must comply with any new or changed standards upon notification from Bft. The Learning Management System remains the sole property of Bft and is subject to the requirements applicable to Bft's Confidential Information.