factual

Who is required to complete the Bombs Away new franchisee training program?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 6.2 New Franchisee Training. Franchisee's Principal Executive must complete Bombs Away Franchising's training program for new franchisees to Bombs Away Franchising's satisfaction at least four weeks before opening the Business.

Source: Item 22 — CONTRACTS (FDD pages 35–36)

What This Means (2024 FDD)

According to Bombs Away's 2024 Franchise Disclosure Document, the franchisee's Principal Executive is required to complete the Bombs Away new franchisee training program. This training must be completed to Bombs Away Franchising's satisfaction at least four weeks before the business opens.

This requirement ensures that the person primarily responsible for managing the Bombs Away franchise has the necessary knowledge and skills to operate the business according to the franchisor's standards. The Principal Executive is defined as the executive primarily responsible for the business and has decision-making authority on behalf of the franchisee. They must also have at least a 10% ownership interest in the franchise and participate in the direct operation of the business, devoting substantial time and attention to it.

Additionally, Bombs Away Franchising may at any time require that the Principal Executive and/or any other employees complete further training programs. These programs can be in any format and location determined by Bombs Away Franchising, and the franchisee may be charged a reasonable fee for them. If travel is required for these training programs, the franchisee is responsible for covering all travel, living, and other related expenses for the Principal Executive or any other employees attending.

Before opening the Bombs Away business, the franchisee must meet several conditions, including compliance with the franchise agreement, obtaining all necessary governmental permits, conforming to system standards, hiring sufficient employees, and ensuring that all officers and employees have completed the required pre-opening training. Bombs Away Franchising must also provide written approval to open the business, which will not be unreasonably withheld.

Disclaimer: This information is extracted from the 2024 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.