Within what timeframe must the transferee of a Boulder Designs franchise schedule training for themselves and their Internal Manager?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor shall make its initial training programs and re-boot training available to the Franchisee and its Internal Manager.
Upon execution of this Agreement, Franchisee shall pay Franchisor an Initial Training Fee in the amount specified in Exhibit 1, Key Terms Page. The initial training program consists of approximately five business day(s) of classroom training and on-the-job initial training program for the Franchisee and its initial manager. Instruction pertains to all material aspects of the operation of a BOULDER DESIGNS Business, including such topics as: BOULDER DESIGNS mission and principles; establishment of your business structure; legal filings; business licenses; banking and checking accounts; insurance; accounting and legal support; computer system and software installation; set up accounting systems; market research; marketing plan; optional establishment of office lease; employment suggestions; incoming call scripts; office administration; administrative management training; trademark usage guidelines; maintenance of quality standards; customer service techniques; record keeping and reporting procedures; other operational issues; resale, transfer, renewals and assignment training; vendor interaction and ordering, and on-the-job training. Franchisor shall conduct the initial training program either in person at its headquarters or at another designated location or locations, as Franchisor requires. Initial Training amount is fully earned and nonrefundable upon completion of the Franchisee's training. If Franchisee does not successfully complete the initial training, Franchisor reserves the right to deduct any amount from Franchisee's Initial Training Fee to cover Franchisor's expense and the cost of providing the initial training course in addition to Franchisee paying Franchisor the On-Site Training Cancellation Fee and the other rights of Franchisor pursuant to this agreement.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the Boulder Designs franchise agreement stipulates that the franchisor will provide initial and re-boot training programs to the franchisee and their Internal Manager. Upon the execution of the franchise agreement, the franchisee is obligated to pay an Initial Training Fee, the amount of which is specified in Exhibit 1, Key Terms Page. The initial training program consists of approximately five business days of classroom and on-the-job training for both the franchisee and their initial manager.
The training covers various aspects of operating a Boulder Designs business, including the brand's mission and principles, business structure establishment, legal filings, licenses, banking, insurance, accounting, computer systems, marketing, office setup, employment suggestions, customer service, and record keeping. The training programs are conducted either in person at the franchisor's headquarters or at another designated location. The Initial Training Fee is considered fully earned and nonrefundable once the franchisee completes the training.
The FDD does not specify a particular timeframe in which a transferee must schedule training. However, it does state that before opening the franchised business, the franchisee must complete initial training to the satisfaction of the franchisor. It is important to note that if the franchisee does not successfully complete the initial training, Boulder Designs reserves the right to deduct expenses from the franchisee's Initial Training Fee to cover the cost of providing the training course, in addition to the franchisee paying the On-Site Training Cancellation Fee.