Where does the 'Grand Opening and Launch' training for Crown Gold Exchange take place?
Crown_Gold_Exchange Franchise · 2024 FDDAnswer from 2024 FDD Document
| Subject | Hours of Classroom Training | Hours of On-The Job Training | Location |
|---|---|---|---|
| Introduction and Overview - The Industry - The Business Model - The Brand - Establishing the Location - Working together with the Franchisor | 8 | - | Our Location, Rancho Santa Margarita, CA or Your Location or Virtual |
| Operations and Management - Buying - Selling - Staffing - Customer Service - Admin - Insurance - Reporting - Technology and Systems | 8 | 40 | Our Location, Rancho Santa Margarita, CA or Your Location or Virtual |
| Marketing and Sales - Brand - Competitive Overview - Advertising and Marketing - Closing Business - Marketing Collateral and Tools | 8 | 8 | Our Location, Rancho Santa Margarita, CA or Your Location or Virtual |
| Grand Opening and Launch | 2 | 8 | Your Location |
| TOTALS: | 26 | 56 |
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 19–24)
What This Means (2024 FDD)
According to Crown Gold Exchange's 2024 Franchise Disclosure Document, the 'Grand Opening and Launch' training takes place at the franchisee's location. This training consists of 2 hours of classroom training and 8 hours of on-the-job training.
This on-site training is specifically focused on the launch of the new Crown Gold Exchange franchise. The franchisor provides on-site support for at least 3-5 days in connection with the business opening, which would likely include this training.
While other training modules may be conducted at Crown Gold Exchange's location in Rancho Santa Margarita, CA, or virtually, the 'Grand Opening and Launch' module is uniquely delivered at the franchisee's own business location to provide practical, hands-on experience during the crucial opening phase.