What licenses and permits are required for a Cordova Managing Owner?
Cordova Franchise · 2025 FDDAnswer from 2025 FDD Document
The Franchise Agreement requires that you or, if you are a Corporate Entity, that your managing shareholder or partner be personally responsible for the daily management and supervision of the Franchised Business (the "Managing Owner"). We must approve your Managing Owner and your Managing Owner must dedicate his or her full time efforts to the management and operation of the Franchise. Your Managing Owner must have satisfactorily completed our initial training and must have obtained all required licenses and permits necessary to operate a Cordova Business within your Operating Territory.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD page 32)
What This Means (2025 FDD)
According to Cordova's 2025 Franchise Disclosure Document, the Franchise Agreement mandates that the franchisee, or the managing shareholder/partner if the franchisee is a corporate entity, must be personally responsible for the daily management of the Cordova business. This individual is referred to as the "Managing Owner." Cordova must approve the Managing Owner, who is required to dedicate their full-time efforts to managing and operating the franchise.
The Managing Owner must have satisfactorily completed Cordova's initial training program. Furthermore, the Managing Owner is required to obtain all necessary licenses and permits to operate a Cordova business within their designated operating territory.
This requirement ensures that the individual in charge of the Cordova franchise is fully qualified and legally authorized to conduct business. Prospective franchisees should carefully investigate the specific licenses and permits required in their operating territory to ensure compliance and avoid potential legal issues or operational delays.