Who pays for the transportation, lodging, and meals for the Buildingstars initial training program?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
A. Initial Training. BUILDINGSTARS will provide an initial training program for the operation of the Business using the System and Marks for one of the Principal Owners and one other
person. The initial training program is furnished after this Agreement is executed and prior to the opening of the Business and will be furnished at such time and place as BUILDINGSTARS may designate. FRANCHISEE shall pay all transportation, lodging, meals and other expenses incurred by it and its employees in attending this program. If FRANCHISEE'S Principal Owners do not satisfactorily complete the training program, BUILDINGSTARS shall have the right to terminate this Agreement. Satisfactory completion of the training program is, however, no assurance of the success of the Business.
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, the franchisee is responsible for covering the costs of transportation, lodging, and meals associated with the initial training program. Buildingstars provides the initial training program for one of the principal owners and one other person. This training is designed to educate the franchisee on how to operate the business using the Buildingstars system and marks.
This means that a prospective Buildingstars franchisee needs to factor in these expenses when budgeting for the startup costs. These costs can vary significantly depending on the location of the training program and the travel distance required. It is important to consider these costs, as they can impact the overall initial investment required to start the franchise.
Furthermore, the FDD states that if the principal owners do not satisfactorily complete the training program, Buildingstars has the right to terminate the franchise agreement. However, successful completion of the training program does not guarantee the success of the business. This highlights the importance of actively participating and engaging with the training provided by Buildingstars to ensure a thorough understanding of the business operations and to minimize the risk of potential termination.