Must a Bombs Away franchisee comply with any code of ethics or statement of values from Bombs Away Franchising?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
- 7.23 Business Practices. Franchisee, in all interactions with customers, employees, vendors, governmental authorities, and other third parties, shall be honest and fair. Franchisee shall comply with any code of ethics or statement of values from Bombs Away Franchising. Franchisee shall not take any action which may injure the goodwill associated with the Marks.
Source: Item 22 — CONTRACTS (FDD pages 35–36)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, franchisees must comply with any code of ethics or statement of values established by Bombs Away Franchising. This requirement extends to all interactions with customers, employees, vendors, governmental authorities, and other third parties, where franchisees are expected to be honest and fair.
This means that a Bombs Away franchisee is obligated to adhere to the ethical standards and values set forth by the franchisor in all aspects of their business operations. This could include guidelines on customer service, employee treatment, vendor relations, and interactions with regulatory bodies.
Failure to comply with Bombs Away's code of ethics or statement of values could result in consequences such as warnings, penalties, or even termination of the franchise agreement. Therefore, it is crucial for prospective franchisees to thoroughly understand and be prepared to uphold these standards.