For how long was the Owner of Crown Gold Exchange associated with Standard and Pour, LLC?
Crown_Gold_Exchange Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 2: BUSINESS EXPERIENCE]
| Employer | Title | Start Date (month/year) | End Date (month/year) | City, State |
|---|---|---|---|---|
| WAM Gold, LLC, DBA | Owner | 10/2010 | Present | Eagle, ID |
| Crown Gold Exchange | ||||
| Crown Vapors, LLC | Owner | 10/2013 | 9/2022 | Eagle, ID |
| 30352 Esperanza, LLC | Owner | 5/2016 | Present | Eagle, ID |
| Standard and Pour, LLC | Owner | 9/2017 | 10/2019 | Eagle, ID |
| Toma Media, LLC | Owner | 2019 | 2020 | Eagle, ID |
| BC Tech Investments, LLC | Owner | 2014 | 2019 | Eagle, ID |
Source: Item 2 — BUSINESS EXPERIENCE (FDD pages 8–9)
What This Means (2024 FDD)
According to Crown Gold Exchange's 2024 Franchise Disclosure Document, the owner was associated with Standard and Pour, LLC from September 2017 to October 2019. This indicates an association of approximately two years and one month. This information is part of the business experience disclosed in the FDD. There are two owners listed in the FDD, Cesar Meyer and Brock Ward. The business experience for both owners is listed in separate tables, but the time frame for Standard and Pour, LLC is the same for both owners.
This type of information is relevant for prospective franchisees as it provides insight into the background and experience of the individuals leading Crown Gold Exchange. Understanding the prior business ventures of the franchisor's management can help franchisees assess the leadership's capabilities and potential impact on the franchise system. Knowing the duration and nature of previous roles can give a sense of their business acumen and stability.
For a potential franchisee, it is important to consider the relevance of this experience to the Crown Gold Exchange business. While Standard and Pour, LLC may not be directly related to the gold exchange industry, general business ownership experience can be valuable. Further investigation into the nature of Standard and Pour, LLC and the owner's role within that company could provide a more comprehensive understanding of their qualifications.
It is also worth noting that the FDD includes business experience for other entities, such as WAM Gold, LLC, Crown Vapors, LLC, and others. Reviewing the full scope of the owner's experience across these various ventures can offer a more complete picture of their business background and potential contributions to the Crown Gold Exchange franchise.