What is the franchisee obligated to pay Bor Restoration for additional training?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
- d. if requested by you and approved by us, we will provide Additional Training at a location determined by us. You will pay the travel, room, board, and the then-current Additional Training Fee for such services;
Source: Item 23 — Receipts (FDD pages 40–202)
What This Means (2024 FDD)
According to Bor Restoration's 2024 Franchise Disclosure Document, if a franchisee requests and Bor Restoration approves additional training, the franchisee is responsible for covering the costs of travel, room, and board. In addition to these expenses, the franchisee must also pay Bor Restoration the then-current additional training fee for the services provided.
This means that franchisees need to budget not only for the direct fee charged by Bor Restoration for the training itself, but also for all associated travel and accommodation costs. The FDD does not specify the amount of the 'then-current Additional Training Fee,' so it is essential for prospective franchisees to clarify this amount with Bor Restoration before committing to any additional training programs.
Franchisees should also be aware that Bor Restoration determines the location for additional training. This could potentially add to the overall cost, depending on the distance and associated travel expenses. Understanding the scope and content of the additional training, as well as the associated costs, is crucial for making informed business decisions and managing expenses effectively.