Who is responsible for covering the expenses associated with the Crisp Academy training program for a Crisp & Green franchise?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
| C R I | S P & G R E E N ® 2 0 2 4 - 2 5 F D D | 2 6 l information p urpose only. FranChimp.com does not make any warranties about the completeness, reliability, and | |---|---|---| | This document was dow nl oa | de d f rom f ran chi mp .co m. All t he in fo rm a tio n o n t his we bs ite is published in good faith and for g | ene ra | | accuracy of this information. Any action you take upon the information you find on this website (FranChimp.com), is strictly at your own risk. We will not be liable for any losses and/or damages in connection with the use of our website. | | | Crisp Academy consists of approximately three weeks of training, featuring classroom style and in-restaurant live training at our Wayzata, Minnesota Corporate Restaurant or at another one of the Restaurants, in our discretion. We will not charge any fees for the first four members of your training group participating in Crisp Academy, but we may charge additional fees of $500 per day for every additional member of your training group. You will be responsible for all compensation and expenses (including travel, meals and lodging) incurred by you and your trai
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 33–44)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the franchisee is responsible for covering the expenses associated with the Crisp Academy training program. While Crisp & Green does not charge fees for the first four members of the training group, they may charge $500 per day for every additional member.
The franchisee must cover all compensation and expenses, including travel, meals, and lodging, incurred by themselves and their training group while attending any training programs. This means that in addition to the potential per diem training fee for extra attendees, franchisees need to budget for transportation to Wayzata, Minnesota (or another designated location), accommodation, food, and any incidental costs for themselves and their staff.
This allocation of costs is typical in the franchise industry, where franchisees generally bear the expenses related to their training. It is important for prospective Crisp & Green franchisees to factor in these costs when evaluating the overall investment required to start and operate a franchise. Understanding these financial responsibilities upfront helps in accurate budgeting and financial planning.