What are the potential requirements for Cinch I.T.'s approval of a new supplier for a Cinch I.T. franchisee?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
required to purchase certain services, equipment and operating supplies, as are more particularly set forth in the Operations Manual, from suppliers whose services, products and materials are approved, and not thereafter disapproved, by Us. If You desire to purchase any services or products from suppliers that We have not previously approved, You or the supplier must submit a written request for such approval to Us. As a condition of Our approval, which shall not be unreasonably withheld, We may require that Our representatives be allowed to inspect the supplier's facilities and/or that a sample of its product be made available to Us or Our designee for testing. In such event You or the supplier may be charged a fee of Five Hundred Dollars ($500.00) or the actual cost of such inspection and/or testing, whichever is greater. Within thirty (30) days of delivery of the test results, if testing is conducted, or the written request if testing is not conducted, We will issue a de
Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
According to Cinch I.T.'s 2024 Franchise Disclosure Document, if a franchisee wants to purchase services or products from a supplier not already approved by Cinch I.T., either the franchisee or the supplier must submit a written request for approval. Cinch I.T. states that they will not unreasonably withhold approval.
As a condition of approval, Cinch I.T. may require that its representatives be allowed to inspect the supplier's facilities and/or that a sample of the supplier's product be made available for testing. The franchisee or the supplier may be charged a fee of $500.00 or the actual cost of the inspection and/or testing, whichever is greater.
Cinch I.T. will issue a decision in writing within thirty (30) days of delivery of the test results, if testing is conducted, or within thirty (30) days of the written request if testing is not conducted. The decision may also state that additional time is needed to complete the review. A denial will state the reasons. If Cinch I.T. does not provide a written decision, the request will be deemed denied.