Who is responsible for the costs associated with a Buona owner's attendance at a mandatory conference?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Conference Registration Fee | Not yet determined since we have not held a conference. | As incurred. | If we hold conferences, your owner(s) may be required to attend any conference for which we determine attendance is mandatory. We may charge you a fee to attend the conference. Any costs or expenses associated with your owner(s)'s attendance of such conferences will be borne solely by you. |
Source: Item 6 — OTHER FEES (FDD pages 16–23)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, if Buona holds conferences that require owner attendance, the franchisee is responsible for all costs and expenses associated with their owner's attendance. Buona may also charge a fee to attend the conference. The amount of the conference registration fee is not yet determined, as Buona has not yet held a conference.
This means that in addition to any registration fee Buona might charge, a franchisee must also budget for travel, lodging, meals, and any other expenses incurred by the owner while attending the mandatory conference. These costs can vary significantly depending on the location and duration of the conference.
Prospective Buona franchisees should inquire about the frequency, location, and estimated costs of these mandatory conferences to accurately forecast their potential expenses. Understanding these obligations is crucial for assessing the overall financial viability of the franchise.