How will Budget Rent A Car notify franchisees of Standards and modifications to the Standards for Budget Franchises?

According to Budget's 2025 Franchise Disclosure Document, Budget communicates its Standards, including any modifications, to franchisees through the Budget Rent A Car Administration Manual (the "Manual") and other written or electronic communications. These Standards are designed to maintain a consistent and high level of performance across all Budget franchises. The Standards cover various aspects of the business, such as vehicle models, maintenance, and the symbols used for communicating rental rates and other transaction-related information. Budget formulates and modifies these standards based on its own experience and the experiences of other members within the Budget network.

For a prospective franchisee, this means that Budget has the ability to change the operational requirements and standards for the franchise. These changes can affect various aspects of the business, from the types of vehicles used to the way rental rates are communicated. Franchisees must stay informed of these changes by regularly reviewing the Manual and any other communications from Budget. Failure to comply with the updated Standards could result in a breach of the franchise agreement.

It is common practice in the franchise industry for franchisors to update their standards and operating procedures periodically to adapt to changing market conditions and maintain brand consistency. Franchisees are typically notified of these changes through manuals, newsletters, online portals, or other forms of communication. The fact that Budget uses both a manual and other written or electronic communications is fairly standard. However, prospective franchisees should inquire about the frequency and methods of communication to ensure they can stay up-to-date with any changes to the Standards.