factual

If a Bumble Roofing franchisee is required to furnish an accounting of their Individual Advertising Investment expenditures, what form should they use?

Bumble_Roofing Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 11.2 During the Initial Term and any Interim Period, Franchisee shall furnish each month and/or year, as Franchisor prescribes, and upon Franchisor's request, to Franchisor an accounting of Franchisee's previous month's or year's Individual Advertising Investment expenditures on a form approved by Franchisor. Franchisor has the right, but not the obligation, once Franchisee commences operations, to collect up to the minimum required Individual Advertising Investment from Franchisee and administer it on marketing and advertising investments in Franchisee's Territory on Franchisee's behalf.

Source: Item 22 — CONTRACTS (FDD page 53)

What This Means (2025 FDD)

According to Bumble Roofing's 2025 Franchise Disclosure Document, a franchisee must furnish an accounting of their Individual Advertising Investment expenditures on a form approved by Bumble Roofing. This accounting is required monthly or annually, as prescribed by Bumble Roofing, and upon their request.

This means that franchisees cannot use just any accounting method to track their advertising spend. They must use a specific form designated and approved by Bumble Roofing. This ensures that all franchisees are reporting their advertising expenditures in a consistent format, allowing Bumble Roofing to effectively monitor and manage brand-wide marketing efforts.

Bumble Roofing also retains the right, but not the obligation, to collect the minimum required Individual Advertising Investment from the franchisee and administer it on marketing and advertising investments in the franchisee's territory on the franchisee's behalf. This provides Bumble Roofing with an additional layer of control over local advertising efforts, should they choose to exercise it. Franchisees should clarify with Bumble Roofing what the approved form looks like and how frequently it needs to be submitted.

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.