What is the Operating Owner of a Buona franchise required to devote to the management of the Franchised Business?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) Franchisee shall designate one owner of the entity having an ownership interest of ten percent (10) or more who will be the Operating Owner for the Franchised Business and will devote fulltime and best efforts to the management of the Franchised Business. The Operating Owner must successfully complete Franchisor's initial training program. Franchisee shall give Franchisor immediate notice of any change in the Operating Owner and must arrange for the new Operating Owner to attend Franchisor's initial training program. The Operating Owner may also be the designated manager providing the direct on-site supervision of the operation of the Franchised Business.
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, if a franchisee has an ownership interest of ten percent (10%) or more, they must designate one owner as the Operating Owner. This Operating Owner is required to devote full-time and best efforts to the management of the Buona Franchised Business.
This requirement ensures that the Buona franchise receives dedicated management. The Operating Owner may also be the designated manager providing direct on-site supervision. This allows for a streamlined approach where the owner is directly involved in the day-to-day operations.
Furthermore, the Operating Owner must successfully complete Buona's initial training program. If there is a change in the Operating Owner, Buona requires immediate notification and the new Operating Owner must also attend the initial training program. This ensures that whoever is in charge of managing the franchise is properly trained and prepared to uphold Buona's standards and practices.