factual

Who determines the duration, curriculum, and location of the Cinch I.T. Conference?

Cinch_I_T Franchise · 2024 FDD

Answer from 2024 FDD Document

to the extent prohibited by the laws of the state where the Franchised Business is located or where the employee lives or works, which agreement is intended to protect Our Confidential Information and proprietary interest in the Licensed Rights.

  • (i) We may, at Our option, from time to time but not more than once every year conduct a national or regional Conference ("Conference"). The duration, curriculum and location of Conference will be determined by Us in Our sole and exclusive discretion. You are required to attend the Conference, and to pay all of Your expenses incurred in connection with attending the Conference including transportation cost, meals, lodging and living expenses. We shall have the right to charge You a reasonable Conference Registration Fee (currently up to Seven Hundred Dollars ($700.00)) for You to attend each Conference. We may charge this registration fee up to one (1) year in advance invoiced and paid via EFT as part of Your standard month

Source: Item 23 — RECEIPTS (FDD pages 60–269)

What This Means (2024 FDD)

According to Cinch I.T.'s 2024 Franchise Disclosure Document, Cinch I.T. has the sole discretion to determine the duration, curriculum, and location of its national or regional conference. This conference, which Cinch I.T. may conduct no more than once per year, is a required event for franchisees.

As a franchisee, you are responsible for covering all expenses related to attending the conference, including transportation, meals, lodging, and other living expenses. Additionally, Cinch I.T. has the right to charge a reasonable conference registration fee, which is currently up to $700. This fee can be invoiced and paid via EFT as part of your standard monthly billing, up to one year in advance.

It is important to note that the conference registration fee is non-refundable, regardless of whether you attend the conference. However, Cinch I.T. will attempt to make all substantive materials presented at the conference available through their Intranet. This policy ensures that franchisees have access to the information shared, even if they are unable to attend in person.

Disclaimer: This information is extracted from the 2024 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.