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Is the 'Manual' for a Crown Gold Exchange franchise subject to change?

Crown_Gold_Exchange Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 11.1 Manual; Modification. The Manual, and any part of the Manual, may be in any form or media determined by Crown Gold Franchising.

Crown Gold Franchising may supplement, revise, or modify the Manual, and Crown Gold Franchising may change, add or delete System Standards at any time in its discretion.

Crown Gold Franchising may inform Franchisee thereof by any method that Crown Gold Franchising deems appropriate (which need not qualify as "notice" under Section 18.9).

In the event of any dispute as to the contents of the Manual, Crown Gold Franchising's master copy will control.

Source: Item 22 — CONTRACTS (FDD pages 38–39)

What This Means (2024 FDD)

According to Crown Gold Exchange's 2024 Franchise Disclosure Document, the Manual is subject to change. Crown Gold Franchising has the right to supplement, revise, or modify the Manual, and may also change, add, or delete System Standards at any time, using its discretion.

This means that as a franchisee, you must stay updated on any changes to the Manual, as these changes can occur at any time. Crown Gold Franchising can inform franchisees of these changes through any method they deem appropriate. It is important to note that the notification method does not have to qualify as formal "notice."

In the event of a dispute regarding the contents of the Manual, Crown Gold Franchising's master copy will be the controlling document. Therefore, it is crucial for franchisees to adhere to the most current version of the Manual as maintained by Crown Gold Franchising.

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.