factual

Does Bor Restoration provide any assistance in finding or training a Designated Manager?

Bor_Restoration Franchise · 2024 FDD

Answer from 2024 FDD Document

For the first franchise that you buy, you (if you are a sole proprietor or are the sole equity owner of the business-entity franchisee), your "Designated Manager," or your "Principal Operator" (if you are a business-entity franchisee with more than one equity owner) must attend and complete initial training (Initial Training) to our reasonable satisfaction. You may also have one additional trainee (for a total of 2). At least one of the two must complete Initial Training before you open. You will then have no more than 365 days after the Opening Date to send a second trainee to Initial Training. If each Person completes Initial Training as described here, there will be no tuition. If, however, you send a person after the 365 days, Initial Training will be offered at our then-current Additional Training Fee.

If one of the two people who attend Initial Training before opening fails to pass Initial Training, the person will be allowed to take it again at the next available class. There will be no tuition charged for this, but you will pay for travel, room, and board. If this person fails to pass the second time, the person will not be permitted to provide any Services requiring completion of the Initial Training. If the two people who take Initial Training before opening fail to complete the training to our reasonable satisfaction, both will be permitted to take it the second time for no additional tuition. If they both fail to pass Initial Training the second time, we have the right to terminate the Franchise Agreement, except that all restrictive and other covenants of the Franchise Agreement that must survive termination in order to remain enforceable will so survive.

Source: Item 15 — Obligation to Participate in the Actual Operation of the Franchise Business (FDD pages 32–33)

What This Means (2024 FDD)

According to Bor Restoration's 2024 Franchise Disclosure Document, Bor Restoration does not provide assistance in finding a Designated Manager. However, Bor Restoration does offer initial and additional training programs for the Designated Manager.

For the first franchise purchased, the franchisee (if a sole proprietor or sole equity owner), the Designated Manager, or the Principal Operator must attend and complete initial training to Bor Restoration's satisfaction. The franchisee can also have one additional trainee attend, for a total of two people. At least one of the two must complete Initial Training before opening the franchise. The second trainee has 365 days after the opening date to attend Initial Training without incurring an additional fee. If a person fails to pass the Initial Training, they are allowed to take it again at the next available class without tuition costs, but they will be responsible for travel, room, and board expenses.

The Designated Manager is defined as someone other than the Principal Operator or the franchisee who acts as the general manager of the business, has been trained by Bor Restoration, and will operate the business day to day. Initial Training consists of approximately five days of instruction, with about 40 hours of classroom instruction and 3 hours of on-the-job training. The training may occur at Bor Restoration's headquarters or another designated facility. Franchisees are responsible for all costs associated with attending the training, including travel, lodging, food, and wages.

Bor Restoration also has the right to require the Principal Operator, Designated Manager, and the franchisee to attend local or regional meetings up to two times per year. Although no tuition is currently charged for these meetings, Bor Restoration reserves the right to charge tuition in the future. The franchisee is always responsible for all travel and living expenses associated with attending these meetings. If a franchisee wishes for more than two people to attend Initial Training, they will be required to pay the then-current Additional Training Fee for each additional trainee, as well as cover their travel, room, and board expenses.

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.