Does the Bor Restoration System include the Franchise Disclosure Document itself?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
This Franchise Disclosure Document (FDD) and the Franchise Agreement describe the terms and conditions under which we currently offer franchises to new franchisees. As the needs of the market change, we will occasionally offer franchises under different terms and conditions.
The "System" is our proprietary, confidential, and trade secret information. The System includes, without limitation, the trademarks, service marks, and logos (Marks); the manner and method of training that we deliver to you; the operations manuals (which may be in paper or electronic format and may be changed and updated by paper or electronic notices including email and texts - "Franchisee Manuals"), standards, and procedures that you will use in the day-to-day operation of the Business; any copyrighted, trade secret or confidential information owned by us, including this FDD, the Franchise Agreement, and the Franchisee Manuals; and all other copyrighted, trade secret or confidential information owned by us. You must operate under our System. The right to operate in your Exclusive Territory and elsewhere (Item 12), the names and contact information of all of your Clients, and the right to provide Services offered by the Franchise Agreement are also our sole and exclusive property (Item 14).
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 8–9)
What This Means (2024 FDD)
According to Bor Restoration's 2024 Franchise Disclosure Document, the Franchise Disclosure Document (FDD) is included as part of the Bor Restoration System. The FDD, along with the Franchise Agreement and Franchisee Manuals, are considered copyrighted, trade secret, or confidential information owned by Bor Restoration.
This means that franchisees must treat the FDD as proprietary information and adhere to the terms and conditions outlined within it. The Bor Restoration System encompasses various elements, including trademarks, training methods, operations manuals, standards, and procedures, all of which contribute to the operation of the Bor Restoration business.
As a prospective franchisee, it's crucial to understand that the FDD is not just a disclosure document but an integral part of the Bor Restoration System. Franchisees are obligated to operate under this system, which includes maintaining the confidentiality of the information contained within the FDD. This underscores the importance of carefully reviewing and understanding the FDD before entering into a franchise agreement with Bor Restoration.