Who determines if an 'Annual System Conference' will occur for Dryer Vent Squad franchisees?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisor shall designate and determine whether or not an Annual System Conference shall occur and, if one is established in any particular year, the dates, content and location of the Annual System Conference.
The Annual System Conference shall be for a duration of not more than five consecutive days per calendar year.
Franchisee is responsible for all costs and expenses associated with Franchisee's travel to and attendance at the Annual System Conference.
Source: Item 23 — RECEIPTS (FDD pages 51–207)
What This Means (2024 FDD)
According to Dryer Vent Squad's 2024 Franchise Disclosure Document, the franchisor determines whether or not an Annual System Conference will occur. If the conference is established in a particular year, Dryer Vent Squad also designates the dates, content, and location of the conference.
The Annual System Conference is defined as a conference that may be established and organized by Dryer Vent Squad for the purpose of facilitating networking among franchisees and for general education. The conference will not be longer than five consecutive days per calendar year.
Each Dryer Vent Squad franchisee is responsible for all costs and expenses associated with their travel to and attendance at the Annual System Conference. Franchisees may want to budget for this potential expense, even though the conference is not guaranteed to occur every year.