table_specific

How does Crawlspace Medic handle inventory reconciliation?

Crawlspace_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

PROSPECT MANAGEMENT 33 FINANCIAL MANAGEMENT 29
The Importance of Leads ◄ 33 Basic Principles of Accounting ◄ 29
Follow-Up Procedures ◄ 33 Record Retention ◄ 33
Tracking Leads/Advertising Effectiveness ◄ 33 FRANCHISE REPORTING REQUIREMENTS 34
LOOKING FOR REFERRAL BUSINESS OPPORTUNITIES 34 Required Reports ◄ 34 Marketing Contributions ◄ 34
SECTION E: OFFICE PROCEDURES (45 PAGES) MAINTAINING THE FACILITY 36
HOURS OF OPERATION 1 MAINTAINING VEHICLES 38
DAILY PROCEDURES 2 Maintenance Schedule ◄ 38
Office Personnel ◄ 2 SAFETY & SECURITY 40
Market Director ◄ 3 Safety Rules ◄ 40
CUSTOMER SERVICE PROCEDURES 4 Monthly Safety Training ◄ 41
Customer Service Philosophy ◄ 4 OSHA Compliance & Requirements ◄ 42
Customer Service Commitment Standards ◄ 5 Accident Reporting & Investigation ◄ 43
Quality Customer Service Development ◄ 6 Workers' Compensation Issues ◄ 44
Handling Client Complaints ◄ 7 Fire Safety ◄ 44
Client Feedback / Net Promoter Score (NPS®) ◄ 8
Crawlspace Medic Warranty Program ◄ 9 SECTION F: SERVICE PROCEDURES (37
MANAGING PERSONNEL 11 PAGES)
Motivating Team Members ◄ 11 CUSTOMER SERVICE GUIDELINES 1
JOB FOLDER SYSTEM 13 Customer Service Best Practices ◄ 1
USE OF THE SOFTWARE SYSTEM 15 Damage to Client Property ◄ 3
SCHEDULING 16 PRE-INSTALLATION STEPS 4
RECEIVING SERVICE & REPAIR CALLS 18 Reviewing the Job ◄ 4
Handling Service Calls ◄ 18 Preparing the Vehicle for Installation Jobs ◄ 5
Determining Nature of Service or Repair ◄ 19 Required Tools & Equipment for
Performing Necessary Repairs ◄ 19 Installation Jobs ◄ 5
Communicating Repairs to the Client ◄ 19 Pre-Installation Steps ◄ 5
PERMITTING PROCESS 20 ONSITE PROCEDURES 7
INVOICING & JOB FILE CLOSEOUT PROCEDURES 21 Arriving at the Client's House ◄ 7
Job File Closeout ◄ 21 Conduct While in the Client's Home ◄ 8
Processing Credit Applications ◄ 23 Installation Overview ◄ 9
Accepting Payment ◄ 23 Installation Steps ◄ 9
Collections ◄ 24 Structural Repair Procedures ◄ 10
INVENTORY MANAGEMENT 25 French Drain Procedures ◄ 12
Product Ordering Procedures ◄ 25 Vapor Barrier Procedures ◄ 14
Ordering From Approved Suppliers ◄ 26 Collecting Payment ◄ 16
Changing Approved Suppliers ◄ 26 CRAWLSPACE MEDIC CARE PLAN EVALUATION
Product Receiving Procedures ◄ 27 PROCEDURES 17
Inventory Reconciliation ◄ 27 Interior ◄ 18

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)

What This Means (2024 FDD)

According to the 2024 Crawlspace Medic Franchise Disclosure Document, inventory reconciliation is part of the franchise operations.

The FDD mentions "Inventory Reconciliation" as a sub-section within "INVENTORY MANAGEMENT" in "SECTION E: OFFICE PROCEDURES." This section appears to be part of the Crawlspace Medic Franchise Operations Manual.

Prospective franchisees should review the Crawlspace Medic Franchise Operations Manual for detailed procedures on how to manage and reconcile inventory. This will ensure they understand the franchisor's expectations and can maintain accurate records.

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.