factual

Who is responsible for the costs and expenses incurred in connection with attending system-wide meetings and conferences for Bumper Man?

Bumper_Man Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (d) Meetings and Conferences. Franchisor may from time to time hold periodic system-wide meetings at locations designated by Franchisor to address matters of general interest to the System, including, without limitation, Franchisor's annual franchisee conference. Provided that Franchisee has not committed an Event of Default and failed to cure such Event of Default, Franchisee's Operating Principal may attend any such meetings and conferences offered by Franchisor. Unless otherwise provided by Franchisor at its option, Franchisee will be solely responsible for all costs and expenses incurred by Franchisee and its Operating Principal in connection with attending such meetings and conferences, including, without limitation, costs of obtaining any required certifications, compensation, travel, lodging, meals and miscellaneous expenses.

Source: Item 23 — RECEIPTS (FDD pages 45–180)

What This Means (2025 FDD)

According to the 2025 Bumper Man Franchise Disclosure Document, franchisees are generally responsible for all costs associated with attending system-wide meetings and conferences. These meetings, including the annual franchisee conference, are held periodically at locations designated by Bumper Man to discuss matters of general interest to the franchise system.

Specifically, unless Bumper Man decides to cover the costs, the franchisee is responsible for expenses such as certifications, compensation, travel, lodging, meals, and other miscellaneous costs for both the franchisee and their Operating Principal. However, this is contingent on the franchisee not being in default of their agreement. If an Event of Default has occurred and not been cured, the franchisee's Operating Principal may not be able to attend such meetings and conferences.

This arrangement is fairly standard in the franchise industry, where franchisees typically bear the costs of attending training and conferences. It is important for prospective Bumper Man franchisees to factor these potential expenses into their budget when evaluating the franchise opportunity, as attendance at these meetings can be valuable for networking and staying informed about system updates.

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.