Who is responsible for travel and living expenses for Cool Binz Initial Training?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
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Initial Training takes place at a location in Naples, Florida, BFG headquarters in Ann Arbor, MI, or another location designated by us. It may be attended by you and the Managing Owner or, if applicable, the Designated Manager, at no additional fee. You may designate, with our approval and on a "space available basis," additional persons to attend Initial Training for our then-current fee, which is currently $250 per person, per day. The Managing Owner or, if applicable, the Designated Manager must complete the Initial Training to our satisfaction. Failure to do so will result in the termination of the Franchise Agreement. Initial Training will last up to four (4) days in duration and must be completed within six (6) months of signing the franchise agreement. Although we do not charge a fee for attending training, you will be responsible for all travel and living expenses that you and your emplo
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 36–45)
What This Means (2025 FDD)
According to Cool Binz's 2025 Franchise Disclosure Document, franchisees are responsible for covering all travel and living expenses incurred during the initial training program. While Cool Binz does not charge a fee for attending the initial training itself, franchisees must budget for transportation, accommodation, meals, and other related costs for themselves and their employees or owners who attend the training.
Initial Training takes place in Naples, Florida, BFG headquarters in Ann Arbor, MI, or another location designated by Cool Binz. The managing owner or designated manager must complete the initial training to Cool Binz's satisfaction. Failure to do so may result in the termination of the Franchise Agreement.
This financial responsibility is a standard practice in the franchise industry, where franchisees typically bear the costs of sending their personnel to the franchisor's training programs. This ensures that franchisees have a vested interest in the training and are committed to learning the Cool Binz system. Prospective Cool Binz franchisees should factor these expenses into their initial investment calculations to ensure they have sufficient capital to cover these costs.