What is the location for the 'Marketing and Sales' training for Crown Gold Exchange franchisees?
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 - Cus |
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 'Marketing and Sales' training program is held at 'Our Location, Rancho Santa Margarita, CA or Your Location or Virtual'. This suggests that new franchisees have multiple options for completing this portion of their training.
Specifically, the training covers 'Brand - Competitive Overview - Advertising and Marketing - Closing Business - Marketing Collateral and Tools'. The training involves 8 hours of classroom instruction and 8 hours of on-the-job training.
The flexibility in location (Rancho Santa Margarita, the franchisee's location, or virtual) is a benefit for franchisees who may have travel constraints or prefer to learn in their own environment. This hybrid approach to training is increasingly common in franchising, balancing in-person instruction with remote learning to accommodate different learning styles and logistical needs.