How will Crown Gold Exchange provide advice to franchisees regarding improving and developing their business?
Crown_Gold_Exchange Franchise · 2024 FDDAnswer from 2024 FDD Document
e your sole responsibility.
- C. Improving and developing your business; resolving operating problems you encounter. If you request, we will provide advice to you (by telephone or electronic communication) regarding improving and developing your business, and resolving operating problems you encounter, to the extent we deem reasonable. If we provide in-person support in response to your request, we may charge a fee (currently $600 per day) plus any out-of-pocket expenses (such as travel, lodging, and meals for our employees providing onsite support). (Section 5.5)
- D. Establishing prices. Upon your request, we will provide recommended prices for products and services. (Section 5.5). We have the right to determine prices charged by our franchisees for goods and services (but only to the extent permitted by applicable law).
- E.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 19–24)
What This Means (2024 FDD)
According to the 2024 Franchise Disclosure Document, Crown Gold Exchange will provide advice to franchisees regarding improving and developing their business and resolving operating problems they encounter, if requested. This advice will be provided via telephone or electronic communication, to the extent Crown Gold Exchange deems reasonable.
If a Crown Gold Exchange franchisee requests in-person support, the franchisor may charge a fee of $600 per day, plus any out-of-pocket expenses. These expenses include travel, lodging, and meals for the Crown Gold Exchange employees providing the on-site support.
It is important to note that while Crown Gold Exchange intends to refine and develop products or services offered to customers, the franchise agreement does not obligate them to do so.