What is the non-attendance fee for a Boulder Designs franchisee who fails to attend the Annual Convention?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
If Franchisor or its representative is schedule to conduct an on-site training program, or scheduled for a visit at the Franchisee's location for training or other reasons, or if the Franchisee register for a training program and Franchisee subsequently cancel, fail to attend, fail to have the appropriate parties attend, or fail to stay for the entire training program then Franchisee shall pay the Franchisor, their then-current onsite training cancellation fee (the "On-Site Training Cancellation Fee"). The On-Site Training Cancellation Fee may vary depending upon the type of schedule training program and how far in advance you notify the Franchisor in writing of the cancellation and the cost and expense incurred in rescheduling our travel arrangements.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the information provided does not specify a non-attendance fee for Boulder Designs franchisees who fail to attend the Annual Convention. However, it does mention an "On-Site Training Cancellation Fee" that may be applicable if a franchisee cancels or fails to attend a scheduled training program.
According to Section 8.8, the On-Site Training Cancellation Fee may vary depending on the type of scheduled training program and how far in advance the franchisee notifies Boulder Designs of the cancellation in writing, as well as the costs incurred in rescheduling travel arrangements. This fee is applicable not only to cancellations but also if the franchisee fails to have the appropriate parties attend or fails to stay for the entire training program.
Prospective Boulder Designs franchisees should inquire with the franchisor about the specific fees associated with failing to attend the Annual Convention, as this information is not explicitly detailed in the provided excerpts. Understanding these potential costs is crucial for budgeting and planning purposes.