Does Budget require advance written approval from ABCR Data Security for exceptions to the approved security products list?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
- B. APPROVED PRODUCTS: The security products approved by ABCR for use by Licensee as of the date of execution of this Addendum are listed below in order of preference. Any exceptions must be approved in advance, in writing, by ABCR Data Security. ABCR may modify this list, including adding or deleting products or categories, in accordance with the terms of this Addendum.
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, franchisees must use security products approved by ABCR. If a franchisee wants to use a security product that is not on the approved list, they must obtain advance written approval from ABCR Data Security. ABCR has the right to modify the approved product list by adding or deleting products or categories.
This requirement ensures that all Budget locations maintain a consistent and secure IT environment, protecting customer data and the integrity of the Budget system. Franchisees need to factor in the time and potential effort required to seek approval for non-standard security products. Failure to use approved security products or obtain necessary approvals could result in a breach of the franchise agreement.
It is important for prospective Budget franchisees to understand the specific security products that are currently approved and the process for requesting exceptions. This will help them budget for IT costs and ensure compliance with Budget's security policies. Franchisees should also stay informed about any changes to the approved product list to avoid potential disruptions to their business operations.