Where is the initial 'Operating Principal' identified for a Bumper Man franchise?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
- (yy) "Operating Principal" means a natural person who: (i) owns directly or indirectly at least 51% Equity Interest in Franchisee and has the authority to direct the day-to-day operations of the Franchisee; (ii) has satisfactorily completed Franchisor's Initial Training program at Franchisee's expense; (iii) will thereafter devote full time and best efforts to the operation of the Bumper Business and have the authority and responsibility for the day-to-day management and operation of the Bumper Business and supervision of the Personnel; and (iv) serves as a primary point of contact on behalf of the Franchisee in communications with the Franchisor. The initial Operating Principal is identified in the Summary Page.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man FDD, the initial Operating Principal is identified on the Summary Page. The Operating Principal is defined as a natural person who owns at least 51% equity in the franchise, directs the daily operations, has completed the initial training program, and serves as the primary contact between the franchisee and Bumper Man.
This means that for a franchisee that is a business entity rather than an individual, Bumper Man requires a specific person to be in charge and to have significant ownership. This individual must be fully trained and dedicated to the Bumper Man business.
The requirement ensures that Bumper Man has a clear point of contact and that the franchise is being managed by someone with a vested interest and the proper training. This is a common practice in franchising to maintain brand standards and operational consistency.