When must a Chicken Guy franchisee submit the Business Plan?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
- D. Business Plan. Franchisee shall develop and submit to Chicken Guy, simultaneously with the submission of the Real Estate Site Application, a three-year business plan ("Business Plan") outlining the actions that Franchisee will take to ensure that Franchisee's operation and management of the Franchised Restaurant are in compliance with Chicken Guy's standards. During the term of this Agreement, Franchisee agrees to revise the Business Plan as required by Chicken Guy and further agrees to implement that Business Plan as approved by Chicken Guy.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, a franchisee must submit a three-year business plan to Chicken Guy simultaneously with the submission of the Real Estate Site Application. This Business Plan should outline the actions the franchisee will take to ensure their operation and management of the Franchised Restaurant comply with Chicken Guy's standards.
The Business Plan is a critical document that details how the franchisee intends to meet Chicken Guy's operational standards. It is required to be submitted at the same time as the Real Estate Site Application, indicating that Chicken Guy wants to review the franchisee's business strategy early in the site selection process.
During the term of the Franchise Agreement, the franchisee must revise the Business Plan as required by Chicken Guy and implement the Business Plan as approved by Chicken Guy. This implies that the Business Plan is not a one-time submission but an evolving document that needs to be updated and adapted based on Chicken Guy's requirements and the changing business environment.