What is the Bft franchisee's obligation if they develop a new concept related to Bft Studios?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee agrees that any new concept, process or improvement in the operation or promotion of the Studio developed by or on behalf of Franchisee that relates to or enhances BFT Studios or the System, or any aspect of Franchisor's business, shall be the sole property of Franchisor, and Franchisee shall promptly notify Franchisor and shall provide Franchisor with all necessary information and execute all necessary documents to memorialize said ownership, or, if necessary, Franchisee's assignment of such ownership to Franchisor, without compensation.
Franchisee acknowledges that Franchisor may utilize or disclose such information to other Franchisees.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to the 2025 FDD, Bft franchisees must understand that any new concept, process, or improvement related to the operation or promotion of the Bft studio that they develop becomes the sole property of the franchisor. This includes anything that relates to or enhances Bft Studios, the Bft system, or any aspect of Bft's business.
The franchisee is required to promptly notify Bft of any such developments. Furthermore, the franchisee must provide Bft with all necessary information and execute any documents needed to formalize Bft's ownership of the new concept. This may include assigning ownership to Bft, and the franchisee will not receive any compensation for this.
Bft retains the right to use or disclose this information to other franchisees within the Bft system. This clause ensures that any innovation or improvement developed within the franchise network can be shared and implemented across all Bft locations, potentially benefiting the entire franchise system while consolidating intellectual property rights with the franchisor.