How will Bor Restoration communicate its standards, specifications, and purchase requirements to suppliers?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
We may communicate our standards, specifications, and purchase requirements directly to suppliers who wish to supply your goods or Services. We will communicate our standards and specifications to you during training, before you open, during periodic visits to your Business, and through the Franchisee Manuals and periodic bulletins. We may issue new standards and specifications through written notices. Once you are notified, you must make the specified change.
We have the right, in our sole discretion, to vary required purchases, standards, or specifications based upon a franchisee's qualifications, special circumstances, the demographics of a particular territory (Item 12), business potential, or any other condition which we deem to be of importance to the successful operation of any particular Business. We may also modify any specification as to any good, service, supply, fixture, equipment, inventory, computer hardware, software supplier, or the like at any time and on a local, regional, or national basis. We will not be required to disclose or grant you a similar variance. We may change approved vendors at any time.
Source: Item 8 — (FDD pages 18–21)
What This Means (2024 FDD)
According to Bor Restoration's 2024 Franchise Disclosure Document, the company may communicate its standards, specifications, and purchase requirements directly to suppliers who wish to supply goods or services to franchisees. Bor Restoration will also communicate these standards and specifications to franchisees during training, before they open their business, during periodic visits, and through the Franchisee Manuals and periodic bulletins. New standards and specifications may also be issued through written notices, which franchisees must comply with once notified.
Bor Restoration retains the right to modify required purchases, standards, or specifications based on a franchisee's qualifications, special circumstances, the demographics of their territory, business potential, or any other condition deemed important for the successful operation of the business. These modifications can be made on a local, regional, or national basis, and Bor Restoration is not required to disclose or grant similar variances to all franchisees. Additionally, Bor Restoration may change approved vendors at any time.
For a prospective franchisee, this means that Bor Restoration has significant control over the supply chain and operational standards. Franchisees must adhere to the standards communicated through various channels and be prepared for potential changes in required purchases and approved vendors. While Bor Restoration may negotiate prices with some vendors to benefit franchisees, franchisees should be aware that the franchisor can modify these arrangements and introduce new requirements, potentially impacting their costs and operational procedures.