Under what circumstances related to invoice submission can a Bumper Man franchisee's receipts be affected?

According to Bumper Man's 2025 Franchise Disclosure Document, a franchisee's receipts can be affected if they fail to submit invoices to the Franchisor for processing. Specifically, if a Bumper Man franchisee fails to submit invoices for processing for seven or more consecutive business days without prior approval from the Franchisor, it is considered an event of default.

This default can lead to termination of the Franchise Agreement. However, this consequence can be avoided if the franchisee obtains prior written approval from Bumper Man for not submitting invoices or if the failure to submit invoices is due to an event of force majeure, such as a natural disaster or other unavoidable circumstance.

This requirement ensures that Bumper Man has consistent financial reporting and oversight of each franchise location. For a prospective franchisee, this means maintaining diligent record-keeping and timely submission of invoices to avoid potential penalties or termination of the agreement. It also highlights the importance of communication with the franchisor if any issues arise that may prevent timely invoice submission.