What section of the Budget manual covers Cash Control?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
During the term of this Agreement, Budget will grant Licensee access to the Manual. For purposes of this Agreement, "Manual" means manuals or policies and procedures, Standards, specifications and requirements relating to the Rental Business, as Budget specifies. The Manual may be revised,
changed, modified or supplemented by Budget at any time. Modifications in the Manual will become effective thirty (30) days after written notice thereof to Licensee, unless a longer period is specified in such written notice. The Manual also includes training manuals, development manuals and other business manuals as may be prepared for use by Budget licensees. The Manual may be in printed and/or electronic format and may include audiotapes, videotapes, information available on an Internet site or other electronic media. It may also consist of several component parts and materials Budget may issue, including bulletins, handbooks, newsletters, computer-based and computer-transmitted information. The Manual is confidential and will remain Budget's exclusive property and may not be duplicated, shared or re-distributed. The Manual will be an integral part of this Agreement and references made in this Agreement or in any amendments, exhibits or schedules hereto to the Manual will be deemed to mean the Manual as current. In the event of a dispute relative to the contents of the Manual, the master copies maintained by Budget at its principal office will be controlling.
INSTRUCTION AND OPERATING ASSISTANCE
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
Based on the 2025 Budget Franchise Disclosure Document, there is no specific mention of a "Cash Control" section within the Budget manual in the provided excerpts. However, the FDD does refer to the "Budget Manual" and its contents, which include policies, procedures, standards, specifications, and requirements relating to the rental business.
Item 9.7 mentions that franchisees will establish a bookkeeping and financial reporting system using Budget's standard chart of accounts as prescribed in the Standards. Item 9.8 requires franchisees to submit monthly reports, including the "Monthly System Fee Report," and other financial information. These sections suggest that financial controls are addressed within the broader context of the Budget system, even if a specific "Cash Control" section is not explicitly named.
A prospective franchisee should ask Budget for clarification on where specific cash control procedures are detailed within the Budget Manual or related training materials. Understanding these procedures is crucial for maintaining accurate financial records and adhering to Budget's operational standards.