factual

For a Bojangles DMA, what is the 'Initiation Date' dependent on?

Bojangles Franchise · 2025 FDD

Answer from 2025 FDD Document

  • l. "Initiation Date" shall mean the date upon which the Membership of a DMA shall have voted to initiate DMA advertising as provided in paragraph 4 hereof.

Source: Item 22 — CONTRACTS (FDD page 82)

What This Means (2025 FDD)

According to Bojangles's 2025 Franchise Disclosure Document, the 'Initiation Date' for a Designated Market Area (DMA) is determined by a vote. Specifically, the "Initiation Date" is the date when the DMA members vote to begin DMA advertising, as outlined in paragraph 4 of the franchise agreement. This means that the DMA members collectively decide when to start advertising within their designated area.

To initiate or continue DMA advertising, at least 51% of the DMA membership must approve it through a vote. This vote can take place at the initial DMA meeting, each annual meeting, or any special meeting called for that purpose. However, the document notes that some members within the DMA may have different provisions that require a greater vote for participation.

This process ensures that the decision to start advertising is a collective one, driven by the majority of the franchisees within the DMA. However, prospective franchisees should be aware of the potential for differing voting requirements among members, which could impact the initiation of DMA advertising. Franchisees should also inquire about the specific procedures and requirements for DMA advertising in their particular area to fully understand their obligations and rights.

Disclaimer: This information is extracted from the 2025 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.