Which items in the Budget Disclosure Document relate to Wizard Participation?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| OBLIGATION | SECTION IN AGREEMENT | ITEM IN DISCLOSURE DOCUMENT |
|---|---|---|
| ee. Wizard Participation | 6.2, 9.16, and Exhibit G of the Budget License Agreement | Items 6 and 7 |
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 37–61)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, Wizard Participation is addressed in Items 6 and 7. This information is found in Item 11, which outlines the franchisor's assistance, advertising, computer systems, and training obligations. Specifically, the table provided in Item 11 cross-references the obligations listed in the Budget License Agreement with the corresponding items in the disclosure document.
For a prospective Budget franchisee, this means that Items 6 and 7 of the FDD contain important details about what is expected of them regarding the Wizard system. Wizard Participation is tied to sections 6.2, 9.16, and Exhibit G of the Budget License Agreement.
It is important for potential franchisees to carefully review Items 6 and 7 to fully understand their obligations and the franchisor's expectations related to the Wizard system. This includes understanding any costs associated with participation, the level of support provided by Budget, and the potential impact on their franchise operations.