Is attendance at the Bor Restoration conference mandatory for franchisees?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
2.1 Opening Date
- a. You must open within 60 days of the Effective Date. (Opening Date). You are required to attend Initial Training before you open. We may extend the Opening Date for a reasonable time (not to exceed 20 days) if factors beyond your reasonable control prevent you from meeting the deadline and you request an extension of time from us.
Source: Item 23 — Receipts (FDD pages 40–202)
What This Means (2024 FDD)
Based on the 2024 Bor Restoration Franchise Disclosure Document, the document does not specify whether attendance at the Bor Restoration conference is mandatory for franchisees. The FDD does mention required initial training that franchisees must attend before opening their franchise location.
Because the FDD does not explicitly state whether attendance at the Bor Restoration conference is mandatory, prospective franchisees should seek clarification from the franchisor regarding conference attendance policies. This inquiry should cover whether attendance is required, the frequency of conferences, associated costs, and the content covered during these events.
Understanding the franchisor's expectations for ongoing training and engagement is crucial for making an informed decision about investing in a Bor Restoration franchise. This information will help potential franchisees budget their time and resources effectively and align their business practices with the franchisor's standards.