What responsibilities does the Operating Principal have in the day-to-day management of the Bumper Man business?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
The Operating Principal is the person that has primary responsibility for the operation of the Bumper Business. The Operating Principal must have at least a 51% voting ownership interest in the entity that owns the Bumper Business and the franchise, devote full time and best efforts to the operation of the Bumper Business and have authority and responsibility for the day-to-day management and operation of the Bumper Business.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 32–33)
What This Means (2025 FDD)
According to Bumper Man's 2025 Franchise Disclosure Document, the Operating Principal holds significant responsibilities in the daily operations of the Bumper Man business. This individual is defined as the person with primary responsibility for running the Bumper Business. The Operating Principal must possess at least 51% of the voting ownership interest in the entity that owns the Bumper Business and the franchise.
Furthermore, the Operating Principal is required to dedicate their full time and best efforts to managing the Bumper Business. This implies a substantial commitment of time and energy to ensure the business operates effectively. They also have the authority and responsibility for the day-to-day management and operation of the Bumper Business, indicating they are in charge of making key decisions and overseeing daily activities.
In addition to these operational duties, the Operating Principal serves as the main point of contact between the franchisee and Bumper Man. This highlights the importance of their role in maintaining communication and adhering to the franchisor's standards. All individuals with access to confidential information must sign non-disclosure agreements, and the principals are bound by the obligations outlined in the Franchise Agreement through a Guaranty and Undertaking of Principal's Obligations.