What is the nature of the additional training programs provided by Cinch I.T.?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
ing are integrated, that is, there are no definitive starting and stopping times.
Additional Training
If you request additional On-Site Training and coaching, it will be subject to our availability. You will pay us $100 per hour or our then-current rate. You are responsible for all travel and living expenses related to this training. If you fail to meet our Minimum Performance Standards, you must participate in our Performance Improvement Plan for 3 months which provides remedial training. You will pay us $100 per hour or our then-current rate. You are responsible for all travel and living expenses related to this training.
We may periodically conduct mandatory or optional training programs for you and/or your employees at our headquarters or another location that we designate. Except for Remedial Training, there will be no charge for training programs that we require you or your employees to attend, but we may charge you a reasonable fee for optional training programs. We may provide additional training in person or via recorded media, teleconference, videoconference, the Internet, webinar, or any other means, as we determine. We may require you or your employees to satisfactorily complete any additional training programs that we specify. We may require you and/or your employees to participate in refresher or advanced training each year.
Annual Conference
We may periodically but not more than once every year conduct an Annual Conference.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 28–39)
What This Means (2024 FDD)
According to the 2024 Cinch I.T. Franchise Disclosure Document, Cinch I.T. may conduct mandatory or optional training programs for franchisees and their employees at its headquarters or another designated location. Except for remedial training, there is no charge for mandatory training programs, but Cinch I.T. may charge a reasonable fee for optional programs. Cinch I.T. may provide additional training in person or via recorded media, teleconference, videoconference, the Internet, webinar, or any other means.
Cinch I.T. may require franchisees or their employees to satisfactorily complete any additional training programs and may also require participation in refresher or advanced training each year. If a franchisee requests additional on-site training and coaching, it is subject to Cinch I.T.'s availability, and the franchisee will pay $100 per hour or the then-current rate, covering all travel and living expenses.
If a Cinch I.T. franchisee fails to meet minimum performance standards, they must participate in a 3-month Performance Improvement Plan, which includes remedial training at a cost of $100 per hour or the then-current rate, with the franchisee responsible for all travel and living expenses related to this training. The integrated nature of the business means that all aspects of training are integrated, without definitive starting and stopping times.