What are the System Standards and policies regarding the Buyer's Premium that a Caring Transitions franchisee must comply with?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
y claims arising out of any Web site established or maintained by Franchisee.
- (vii) Franchisee shall comply fully with the terms and conditions of business over the Internet and shall ensure that such terms and conditions of business receive Franchisor's prior written approval. "Terms and conditions of business over the Internet" include, by way of example, Franchisor's policies regarding the Buyer's Premium and its receipt of same. A "Buyer's Premium" is a payment that may be required of customers for purchasing items through any Web site, including Franchisor's designated auction Web site www.CTBids.com. Franchisor reserves the right to set a maximum or minimum Buyer's Premium.
- (f) Franchisee shall not participate in or register with any Internet group, Web site or similar medium which has as its aim (whether stated or not) or its effect the denigration of Franchisor or the System.
- (g) Franchisee shall not open an account or profile on a social media site relating to the franchised business or using any of the Marks without Franchisor's prior written consent, which may be given subject to conditions, which may include the grant to Franchisor of administrator rights, and subject to Franchisee's compliance with the provisions of the Manuals relating to social media sites.
- (h) Franchisee shall not, without Franchisor's prior written consent, redirect Internet traffic from another domain name or URL to any Web site established by Franchisee or any other
Caring Transitions Web site containing any of the Marks or any content provided by Franchisor or relating to the franchised business.
- (i) Franchisor may modify the provisions of this Section 11.9 as Franchisor determines necessary or appropriate for the best interests of the System.
- 11.10. Copyright to Advertising.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, franchisees must adhere to system standards that include policies regarding the Buyer's Premium. A "Buyer's Premium" is defined as a payment that may be required of customers for purchasing items through any website, including Caring Transitions' designated auction website, www.CTBids.com. Caring Transitions retains the right to set a maximum or minimum Buyer's Premium. Franchisees are required to comply with Caring Transitions' policies regarding the Buyer's Premium and its receipt.
Caring Transitions franchisees must adhere to the uniform specifications, standards, operating procedures, and rules prescribed by Caring Transitions for the development and operation of the franchised business. This includes complying with each System Standard, such as a designated maximum or minimum for a Buyer's Premium, as modified and supplemented by Caring Transitions. These System Standards, as communicated in the Manual or in writing, are considered provisions of the franchise agreement.
Furthermore, franchisees must ensure that their terms and conditions of business over the Internet receive Caring Transitions' prior written approval. These terms and conditions include Caring Transitions' policies regarding the Buyer's Premium and its receipt. This ensures that all franchisees operate under a consistent set of rules and guidelines, maintaining the integrity and reputation of the Caring Transitions brand.