What duty does the Interim Manager have while managing my Extreme Art Studio Franchised Business?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
You (or your Operating Owner, if you are an Entity) are responsible for the day-to-day management, direction, and control of the Franchised Business, subject to the terms and conditions of this Franchise Agreement. Under certain circumstances, we may allow you to appoint a designated manager ("Designated Manager") to supervise the day-to-day operations of the Extreme Art Studio Business. The Designated Manager must successfully complete our Initial Training Program. The Designated Manager need not have an ownership interest in the Franchisee Entity. If, at any time during the term of the Franchise Agreement, you replace your Operating Owner and/or Designated Manager, that replacement must attend and successfully complete the first available Initial Training Program. You will be charged a training fee for each and every replacement Operating Owner and/or Designated Manager and will be responsible for all costs for airfare, ground transportation, lodging, meals and expenses. You (or your Operating Owner) or your Designated Manager (if any) must continuously exert your (or his or her) best efforts to promote and enhance the Franchised Business. The Franchised Business must always be under the direct, full-time supervision of you (or your Operating Owner) or your Designated Manager, if any. You are not required to directly manage and train the teachers; however, you must at all times have a Designated Manager (if someone other than you) who must have satisfactorily completed our Initial Training Program.
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2024 FDD)
According to the 2024 Extreme Art Studio Franchise Disclosure Document, the franchisee (or the Operating Owner, if the franchisee is an entity) is responsible for the day-to-day management, direction, and control of the franchised business, subject to the terms and conditions of the Franchise Agreement. However, under certain circumstances, Extreme Art Studio may allow the franchisee to appoint a designated manager to supervise the day-to-day operations of the Extreme Art Studio business.
The Designated Manager must successfully complete Extreme Art Studio's Initial Training Program. The Designated Manager is not required to have an ownership interest in the Franchisee Entity. If the franchisee replaces their Operating Owner and/or Designated Manager, that replacement must attend and successfully complete the first available Initial Training Program. The franchisee will be charged a training fee for each replacement Operating Owner and/or Designated Manager and will be responsible for all costs for airfare, ground transportation, lodging, meals, and expenses.
The franchisee (or the Operating Owner) or the Designated Manager (if any) must continuously exert their best efforts to promote and enhance the franchised business. The franchised business must always be under the direct, full-time supervision of the franchisee (or the Operating Owner) or the Designated Manager, if any. The franchisee is not required to directly manage and train the teachers; however, the franchisee must at all times have a Designated Manager (if someone other than the franchisee) who must have satisfactorily completed Extreme Art Studio's Initial Training Program.