What is the scope of authority granted to the Managing Owner of a Bojangles franchise regarding financial, operational, and legal matters?

According to Bojangles's 2025 Franchise Disclosure Document, the Managing Owner has broad authority to act on behalf of the franchisee. The Managing Owner is the primary point of contact between Bojangles and the franchisee, and they possess the power to make legally binding decisions for the franchise.

Specifically, the Managing Owner has the authority to bind the franchisee in all financial, operational, and legal matters related to the Bojangles franchised business and the franchise agreement itself. This means the Managing Owner can execute contracts, make financial commitments, and handle legal issues on behalf of the franchisee.

Bojangles requires that the Managing Owner either holds a majority equity interest in the franchise or, if no owner has a majority stake, holds the next highest percentage of equity. The Managing Owner must also be approved by Bojangles and must complete the initial training program to the franchisor's satisfaction. This ensures that the person in charge has the necessary skills and knowledge to manage the franchise effectively and in accordance with Bojangles's standards.