factual

Where will the Cost Cutters Family Hair Salon franchisee training program be held?

Cost_Cutters_Family_Hair_Salon Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 14.1 TRAINING PROGRAM. COST CUTTERS will provide a training program for the FRANCHISEE (and the FRANCHISEE'S District Manager if one is employed) in Minneapolis, Minnesota (or such other location (including online) designated by COST CUTTERS) to educate, familiarize and acquaint them with the operations of a Cost Cutters Business. The training program will include instruction on orientation to the Business System with topics selected by COST CUTTERS. The FRANCHISEE and the FRANCHISEE'S District Manager must successfully complete the training program either (a) prior to commencing any business operations or (b) at the first scheduling of the training program by COST CUTTERS after the execution of this Agreement. The training program will be scheduled by COST CUTTERS. In the event the FRANCHISEE or its District Manager fails to successfully complete COST CUTTERS' training program within the time period expressed in the third sentence of this Article 14.1, he or she will not be permitted or authorized to manage or operate the FRANCHISEE'S Cost Cutters Business and COST CUTTERS will have the right to reject the FRANCHISEE pursuant to Article 4.2 of this Agreement.
  • 14.2 HIRING OF NEW DISTRICT MANAGER. In the event the FRANCHISEE hires a District Manager who has not successfully completed the training program(s) prescribed by COST CUTTERS, and if COST CUTTERS determines that the new District Manager does not have sufficient knowledge or experience relating to the management of the FRANCHISEE'S Cost Cutters Business, then COST CUTTERS will require the individual to successfully complete the prescribed training prior to the time he or she will be allowed to manage or operate the FRANCHISEE'S Cost Cutters Business, and the FRANCHISEE will be required to pay COST CUTTERS the then current training fee charged by COST CUTTERS.

Source: Item 23 — RECEIPT (FDD pages 76–439)

What This Means (2024 FDD)

According to the 2024 Cost Cutters Family Hair Salon Franchise Disclosure Document, the training program for franchisees (and their District Manager, if applicable) will be held in Minneapolis, Minnesota, or at another location designated by Cost Cutters Family Hair Salon, which may include online training.

The training program is designed to educate and familiarize franchisees with the operations of a Cost Cutters Family Hair Salon business. Franchisees and their District Managers must successfully complete the training program before commencing business operations or at the first scheduled training program after the franchise agreement is executed.

Failure to complete the training program may result in the franchisee being prohibited from managing or operating the Cost Cutters Family Hair Salon business, and Cost Cutters Family Hair Salon reserves the right to reject the franchisee. If a franchisee hires a new District Manager who has not completed the training, Cost Cutters Family Hair Salon may require the individual to complete the training before managing the business, and the franchisee will be responsible for paying the then-current training fee.

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.