factual

What software suite will Bor Restoration deliver to the franchisee before the Opening Date?

Bor_Restoration Franchise · 2024 FDD

Answer from 2024 FDD Document

Before the Opening Date, we will,

  • b. deliver the Opening Package and the BOR Software Suite;

  • "BOR Software Suite" means our proprietary suite of software preinstalled on the Tablet and containing estimating software and client relationship management (CRM) software.

  • ii. purchase the BOR Software Suite by paying the BOR Software Suite Initial License Fee; and,

  • a. You will pay the then-current BOR Software Suite Monthly License Fee at the same time you pay your Royalties. We may increase the BOR Software Suite License Fee at any time and in any amount after giving you no less than 60 days prior written notice before any such increase.

Source: Item 23 — Receipts (FDD pages 40–202)

What This Means (2024 FDD)

According to Bor Restoration's 2024 Franchise Disclosure Document, before the Opening Date, Bor Restoration will deliver the BOR Software Suite to the franchisee. The BOR Software Suite is defined as Bor Restoration's proprietary suite of software preinstalled on the Tablet and containing estimating software and client relationship management (CRM) software.

This means that as a new franchisee, you will receive a pre-loaded software package on a tablet from Bor Restoration before you begin operations. This suite includes tools for estimating project costs and managing relationships with clients, which are crucial for running the restoration business effectively.

It is important to note that franchisees must purchase the BOR Software Suite by paying the BOR Software Suite Initial License Fee. Franchisees will also pay the then-current BOR Software Suite Monthly License Fee at the same time royalties are paid to Bor Restoration. Bor Restoration may increase the BOR Software Suite License Fee at any time after giving no less than 60 days prior written notice before any such increase.

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.