What must the initial business plan for a Central Bark Doggy Day Care franchise include?
Central_Bark_Doggy_Day_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
Within 60 days after the Effective Date, you must prepare and give us a business plan including a projected schedule for Central Bark Facility development and detailed cost and revenue projections for your activities under this Agreement. Within 60 days after the start of each calendar year during the Term, you must update the business plan to cover both actual results for the previous year and projections for the then current year. You acknowledge and agree that while we may review and provide comments on the business plan and any updates you submit to us, regardless of whether we approve, disapprove, require revisions, or provide other comments with respect to the business plan or any updated business plan, we take no responsibility for and make no guarantees or representations, expressed or implied, with respect to your ability to meet the business plan or to achieve the results set forth therein. You bear the entire responsibility for achievement of the business plan you develop.
Source: Item 1 — Franchisee shall have paid all Royalty Fees, advertising fund contributions, LAC contributions, amounts owed for purchases by Franchisee from Franchisor, or Franchisor's affiliates, and all other amounts owed to Franchisor, Franchisor's affiliates, and third-party creditors, and shall have submitted to Franchisor all required reports and statements; (FDD pages 106–233)
What This Means (2025 FDD)
According to Central Bark Doggy Day Care's 2025 Franchise Disclosure Document, within 60 days of the agreement's effective date, a franchisee must create and submit a business plan to Central Bark Doggy Day Care. This initial plan must include a projected schedule for developing the Central Bark Doggy Day Care facility. It should also contain detailed cost and revenue projections related to the franchisee's activities under the franchise agreement.
Central Bark Doggy Day Care may review the business plan and provide comments, but the document makes clear that Central Bark Doggy Day Care assumes no responsibility for the franchisee's ability to meet the plan's objectives or achieve the projected results. The franchisee bears the entire responsibility for achieving the goals outlined in their business plan.
Furthermore, the franchisee is obligated to update the business plan annually, within 60 days after the start of each calendar year. These updates should cover both the actual results from the previous year and projections for the current year. This ongoing requirement ensures that the franchisee regularly assesses their performance and adjusts their strategies as needed, while also keeping Central Bark Doggy Day Care informed of the franchisee's progress and plans.