What agreements must a manager sign to assume responsibility for the daily management of a Deck Medic franchise?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
You may hire a manager to assume responsibility for the daily management and supervision of the Franchised Business, only if (a) the manager meets all of our minimum standards and criteria for managers; (b) the manager completes our initial training program; (c) the manager signs our confidentiality and non-competition agreements; and (d) the manager agrees, in writing, to assume responsibility for the on-site management and supervision of the
Franchised Business. All of your employees and other agents and representatives who may have access to our confidential information must sign a confidentiality agreement. We do not require that the manager own any equity interest in the franchise.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 33–34)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, if a franchisee hires a manager to oversee the daily operations of the franchise, that manager must meet certain requirements, including signing specific agreements. The manager must meet Deck Medic's minimum standards and criteria for managers and complete the initial training program.
Specifically, the manager is required to sign both a confidentiality agreement and a non-competition agreement. Additionally, the manager must agree in writing to assume responsibility for the on-site management and supervision of the Deck Medic franchise business.
Furthermore, all employees or agents with access to confidential information must also sign a confidentiality agreement. These stipulations ensure that Deck Medic's proprietary information is protected and that the manager is committed to the responsibilities of overseeing the franchise.