factual

If the Engel & Volkers Franchisee requests on-site training, what expenses are they responsible for?

Engel_Volkers Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 9.7 On-Site Training: If Franchisee requests that training be conducted at Franchisee's Approved Location, and Franchisor agrees to provide training at such location, Franchisee must pay the trainers' expenses for travel, accommodation, food and other out-of-pocket expenses.

Source: Item 22 — CONTRACTS (FDD page 88)

What This Means (2025 FDD)

According to Engel & Volkers' 2025 Franchise Disclosure Document, if a franchisee requests on-site training at their approved location and Engel & Volkers agrees to provide it, the franchisee is responsible for covering specific expenses. These expenses include the trainers' costs for travel, accommodation, food, and other out-of-pocket expenses. This means that in addition to any training fees, the franchisee must also budget for these logistical costs associated with bringing the training team to their location.

This policy is fairly standard in the franchise industry, as it ensures that the franchisor is compensated for the direct costs of providing customized, on-site support. It also gives the franchisee some control over the expenses, as they can influence the type of accommodation and food arrangements made for the trainers. However, it's important for prospective franchisees to carefully consider these potential costs when evaluating the overall investment required to start and operate an Engel & Volkers franchise.

Prospective franchisees should inquire about the typical costs associated with on-site training, including estimated travel expenses, daily per diem rates for food, and preferred accommodation options. Understanding these costs upfront will help in accurately forecasting expenses and managing the franchise's budget effectively. It would also be prudent to clarify whether Engel & Volkers has any preferred vendors or pre-negotiated rates for travel and accommodation, which could potentially reduce these expenses.

Disclaimer: This information is extracted from the 2025 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.