Is the Budget licensee required to employ a full-time General Manager?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
Licensee will employ on a full-time basis at least one (1) General Manager who has completed the instruction furnished by Budget to Budget's satisfaction and who will devote his or her entire time during normal business hours to the management, operation and development of the Rental Business.
The General Manager designated by Licensee at the date of execution of this Agreement is set forth in the Summary Pages (Section 5).
Licensee will notify Budget of any proposed change in its General Manager.
Any replacement General Manager must complete the instruction Budget prescribes to Budget's satisfaction.
No person may be employed as the General Manager unless such person will have completed the instruction furnished by Budget to Budget's satisfaction.
- 9.2 Management.
Licensee shall notify Budget of the names and addresses of all of Licensee's officers, directors and managers.
Licensee shall notify Budget immediately in the event changes in any such positions occur, including providing Budget with organizational documents executed to effect or approve such change, as set forth in Exhibit G.
Budget reserves the right to periodically run criminal background checks and credit checks on any of Licensee's officers, directors and managers, including at the time of renewal.
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, a licensee is required to employ at least one full-time General Manager. This General Manager must complete the instruction furnished by Budget to Budget's satisfaction. The General Manager must also devote their entire time during normal business hours to the management, operation, and development of the Rental Business. The General Manager designated by the licensee at the date of execution of the agreement is set forth in the Summary Pages (Section 5).
Budget must be notified of any proposed change in the General Manager. Any replacement General Manager must complete the instruction Budget prescribes to Budget's satisfaction. No person may be employed as the General Manager unless they have completed the instruction furnished by Budget to Budget's satisfaction.
Budget also requires notification of the names and addresses of all of the licensee's officers, directors, and managers. Licensee must notify Budget immediately if changes in any such positions occur, including providing Budget with organizational documents executed to effect or approve such change. Budget reserves the right to periodically run criminal background checks and credit checks on any of Licensee's officers, directors, and managers, including at the time of renewal.