factual

What are the required steps a Budget manual holder must take upon receiving a revision?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Upon receipt of a revision, the manual holder is to follow the steps below.
  • Read the revision, noting the effect on current operations.
  • If required, remove obsolete pages and replace with pages attached to the revision.
  • File the revision cover sheet behind the revision (broadcast) tab sheet, following Chapter 20.
  • Notify Office Services, World Headquarters, of any missing revisions as soon as possible.

Source: Item 23 — RECEIPTS (FDD pages 80–426)

What This Means (2025 FDD)

According to Budget's 2025 Franchise Disclosure Document, manual holders must take specific steps upon receiving a revision. These revisions announce procedure changes and transmit new or revised pages. Each revision has a number indicating the last two digits of the year and a yearly sequence number.

Upon receiving a revision, the Budget manual holder must first read the revision to understand its effect on current operations. If necessary, they should remove obsolete pages from the manual and replace them with the updated pages included in the revision.

Finally, the manual holder needs to file the revision cover sheet behind the revision (broadcast) tab sheet, following Chapter 20. Additionally, they must notify Office Services at Budget's World Headquarters as soon as possible if any revisions are missing.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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