What is the purpose of Crave holding meetings of its franchisees?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
Advisory Council: We may, in our discretion, form an advisory council to collaborate with us to improve the System, the products offered by Crave businesses, advertising conducted by the Fund, and any other matters that we deem appropriate. If an advisory council is formed, it will act solely in an advisory capacity, and will not have decision making authority. We will have the right to form, change, merge or dissolve any advisory council. We may develop by-laws for any advisory council.
If formed, an advisory council will be comprised of our representatives and franchisee representatives. Franchisee representatives may be selected by us or by a vote of other franchisees in the System. If you participate on an advisory council, you will pay any expenses you incur related to your participation, such as travel and living expenses to attend council meetings.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 32–42)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, Crave may form an advisory council to collaborate with franchisees. The purpose of this council is to improve the Crave system, the products offered, and the advertising conducted by the fund. The advisory council also addresses any other matters that Crave deems appropriate.
If formed, the advisory council will consist of representatives from Crave and franchisee representatives. Franchisee representatives may be selected by Crave or through a vote by other franchisees in the system.
It is important to note that the advisory council acts solely in an advisory capacity and does not have decision-making authority. Crave retains the right to form, change, merge, or dissolve any advisory council and may develop by-laws for its operation. Franchisees who participate on the advisory council are responsible for covering their own expenses, such as travel and living costs, to attend council meetings.