factual

Is attendance at Card My Yard franchisee conferences mandatory?

Card_My_Yard Franchise · 2025 FDD

Answer from 2025 FDD Document

In addition, we may, at our option, conduct periodic franchisee conventions at a location designated by us, and your Principal Owner and/or General Manager must attend such conventions. At our option, we may certify your Principal Owner or General Manager (following their completion of all applicable training as required by us) as a "Certified Trainer" authorized to provide and conduct one or more designated training programs (as determined by us) for new or replacement employees at your Card My Yard business; provided, however, that we reserve the right to test any employees trained by a Certified Trainer and to require any Certified Trainer and any of your employees to successfully complete additional training programs conducted by us from time to time. Initialtraining for yourPrincipal Owner and General Manager is provided via Internet video courses (or at our offices in Springville, Utah or other location(s) we designate) at no charge; however, we reserve the right to charge a reasonable fee for training any additional persons, including any successor or replacement personnel, and for any additionaltraining programs. Such additionaltraining shall be conducted via Internet video courses or atlocations we designate. You are responsible for any and all expensesincurred in connection with any initial or additionaltraining and attendance at any franchisee conventions, including, without limitation, the costs of travel, lodging, meals and

wages incurred by you and your personnel. If any Principal Owner or General Manager fails, in our sole judgment, to satisfactorily complete our initial training program, and you fail to cure such default within ninety (90) days following written notice from us, we may terminate this Agreement.

Source: Item 23 — RECEIPTS (FDD pages 84–259)

What This Means (2025 FDD)

According to Card My Yard's 2025 Franchise Disclosure Document, attendance at franchisee conventions is not always mandatory. The FDD states that Card My Yard may conduct periodic franchisee conventions, and the Principal Owner and/or General Manager must attend such conventions. However, the franchisor has the option to hold these conventions.

This means that while Card My Yard can require attendance at these conventions, they are not obligated to host them regularly. As a franchisee, you and/or your General Manager should be prepared to attend these conventions if Card My Yard decides to hold them.

It's important to note that the franchisee is responsible for all expenses incurred in connection with attending any franchisee conventions. These expenses include, but are not limited to, the costs of travel, lodging, meals, and wages for the franchisee and their personnel. Therefore, franchisees should factor in these potential costs when budgeting for their Card My Yard business.

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.