How often must a Bumble Roofing franchisee provide an accounting of their Individual Advertising Investment expenditures?
Bumble_Roofing Franchise · 2025 FDDAnswer 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 to Bumble Roofing each month and/or year, as Bumble Roofing prescribes, and upon Bumble Roofing's request. This accounting must be on a form approved by Bumble Roofing and cover the franchisee's previous month's or year's expenditures.
This means that a Bumble Roofing franchisee needs to be prepared to regularly document and report their advertising expenses to the franchisor. The frequency of these reports (monthly and/or yearly) is determined by Bumble Roofing, giving them the flexibility to adjust reporting requirements as needed. Additionally, Bumble Roofing can request an accounting at any time, so franchisees must maintain accurate and up-to-date records.
Bumble Roofing also has the right, but not the obligation, to collect up to 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 option to manage advertising funds directly, potentially ensuring consistent branding and marketing efforts across all franchise locations. Franchisees should clarify with Bumble Roofing the specific reporting frequency and the circumstances under which Bumble Roofing might choose to manage the advertising investment directly.