Can Crawl Space Ninja change the tuition or attendance fees for training programs?
Crawl_Space_Ninja Franchise · 2024 FDDAnswer from 2024 FDD Document
training. The on-site training will be for three (3) days at no additional cost to you.
We may conduct mandatory or optional additional training programs, including an annual conference or national business meeting. If we require it, you must attend mandatory training programs that we offer for up to five (5) days each year, and an annual conference or national business meeting for a minimum two (2) days each year, at a location we designate. Failure to attend mandatory training, including an annual conference or business meeting is a default under the Franchise Agreement. The current fee for the annual conference is five hundred dollars ($500). We reserve the right to modify the fees for tuition and/or attendance for all additional training programs, including the annual business meeting or conference. You must also pay your transportation, lodging, meals and other expenses to attend any mandatory training program. If you fail to attend any mandatory training program, you are required to obtain the training at a location we designate, at your sole cost, which includes tuition
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 24–31)
What This Means (2024 FDD)
According to Crawl Space Ninja's 2024 Franchise Disclosure Document, the franchisor reserves the right to change the fees for tuition and/or attendance for all training programs, including the annual business meeting or conference. Currently, the fee for the annual conference is $500 per person.
This means that while the current annual conference fee is $500, Crawl Space Ninja franchisees should be aware that this fee is subject to change. This could impact the overall cost of operating the franchise, especially if attendance at these programs is mandatory. Franchisees will also need to factor in additional expenses such as transportation, lodging, and meals when attending these training programs.
Prospective franchisees should inquire about the frequency and potential magnitude of these fee changes to better understand the ongoing costs associated with training and development. Understanding the franchisor's policy on training fees will help in financial planning and assessing the overall investment required for the Crawl Space Ninja franchise.