factual

When must the Training Fee for additional trainees be paid to Cinch I.T.?

Cinch_I_T Franchise · 2024 FDD

Answer from 2024 FDD Document

tends the Initial Training Program.

  • (b) You acknowledge that successful completion of the Initial Training Program will require that, among other things, each attendee be able to demonstrate that he/she can read, write, and converse in English.
  • (c) We may, in Our sole discretion, in the event that more than two (2) people are trained for any single Franchised Business of Franchisee, require that You pay Us a Training Fee for each

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

What This Means (2024 FDD)

According to Cinch I.T.'s 2024 Franchise Disclosure Document, if Cinch I.T. requires a franchisee to train more than two people for a single franchised business, Cinch I.T. may charge a Training Fee for each additional person. This fee is $15,000 per person, per module.

The franchisee must pay this Training Fee prior to the commencement of training. Cinch I.T. retains the right to change this Training Fee with or without notice.

Cinch I.T. also offers on-site training and coaching programs, and remedial training programs, each with their own fees that must be paid prior to the commencement of training. These fees are subject to change with or without notice by Cinch I.T.

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.