Can Buona change how Gross Sales reports are prepared?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor shall provide a weekly Gross Sales report to Franchisee based on the information retrieved upon which Franchisee shall pay royalties.
Franchisor reserves the right to change the manner in which Gross Sales reports are prepared in the future.
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, Buona has the right to modify how Gross Sales reports are prepared. Specifically, Buona reserves the right to change the manner in which Gross Sales reports are prepared in the future.
This means that as a franchisee, you must be prepared to adapt to potential changes in the reporting format, frequency, or required data. It is important to stay informed of any updates or modifications communicated by Buona to ensure compliance and avoid penalties.
Furthermore, Buona will provide a weekly Gross Sales report to the franchisee based on the information retrieved, upon which the franchisee will pay royalties. Franchisees should maintain accurate records and promptly address any discrepancies or questions regarding the Gross Sales reports with Buona to ensure accurate royalty payments and maintain a positive working relationship.