Where can I find the definition of 'Additional Initial Training Fee' for a Deck Medic franchise?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
and either Franchisor, Franchisor's affiliates, and/or other System franchisee's may be selected to provide Approved Services and Products on behalf of a Corporate Account located within Franchisee's Operating Territory.
ARTICLE 4 TRAINING AND OPERATING ASSISTANCE
4.A. INITIAL TRAINING, SUPPLEMENTAL TRAINING AND SYSTEM-WIDE TRAINING
(1) Within 30 days of the earlier of the Scheduled Opening Date or the Actual Opening Date, Franchisee's Managing Owner and one manager must complete, to Franchisor's satisfaction, Franchisor's initial training program (the "Training Program"). Franchisor will provide Franchisee, comprised of Franchisee's Managing Owner, and one designated manager, with Franchisor's Training Program. If Franchisee would like more than two individuals to attend t
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, the definition of 'Additional Initial Training Fee' can be found in Article 4.A of the franchise agreement. Specifically, Article 4.A.(1) states that if a franchisee wants more than two individuals (the Managing Owner and one manager) to attend the initial training program, they must pay Deck Medic an additional fee of $600 per person. This fee must be paid in advance, upon submission of an invoice from Deck Medic.
This means that while the initial training is included for the Managing Owner and one manager, any extra personnel the franchisee wishes to train will incur an additional cost. This is a fairly standard practice in franchising, as franchisors often limit the number of included training slots to control costs and ensure training quality.
A prospective Deck Medic franchisee should consider this cost when budgeting for their initial investment, especially if they plan to have a larger team involved in the business from the outset. It's important to factor in the cost of $600 per additional person to accurately estimate the total training expenses.