factual

What is considered 'Additional Training' by Fitstop?

Fitstop Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 4.5 If, at any time, you request or we determine that you require any additional training beyond what this Agreement describes herein, we will provide at our then-current training fee (our "Training Fee") for the kind of training or instruction requested by you or required hereunder (collectively, the "Additional Training"), which will be set forth and updated in the Manual(s) from time to time as we determine appropirate.

  • 4.6 We may convene seminars and supplementary trainings for the network of franchisees whenever we reasonably consider it necessary or appropriate.

The location, agenda, duration, and all procedures and formats of each seminar and supplementary training are determined by us.

You and your General Manager must attend all seminars and supplementary trainings and you are solely responsible for the payment of all fees and costs related to seminars and supplementary trainings.

  • 4.7 We may convene meetings, conferences and annual conventions for franchisees or groups of franchisees.

We will determine the location, agenda, duration and all procedures and formats of each meeting, conference and annual convention.

We will give you reasonable written notice of meetings, conferences and annual conventions.

You and your General Manager must attend all meetings, conferences and annual conventions and you are solely responsible for the payment of all fees and costs related to meetings, conferences and annual conventions.

To assist you in managing the costs of the annual convention, you will rem

Source: Item 23 — RECEIPTS (FDD pages 50–135)

What This Means (2024 FDD)

According to Fitstop's 2024 Franchise Disclosure Document, Additional Training includes any training beyond what is described in the agreement, provided at Fitstop's then-current training fee. The specific types of Additional Training and their associated fees will be detailed and updated in Fitstop's Manuals.

Fitstop may also convene seminars and supplementary trainings for franchisees when deemed necessary or appropriate. Franchisees and their General Managers must attend these sessions and are responsible for all associated fees and costs. The location, agenda, duration, procedures, and formats of these seminars and supplementary trainings are determined by Fitstop.

Additionally, Fitstop may organize meetings, conferences, and annual conventions for franchisees. Attendance is mandatory for franchisees and their General Managers, who are responsible for covering all related fees and costs. Fitstop will provide reasonable written notice of these events and determines their location, agenda, duration, procedures, and formats. To help manage the costs of the annual convention, franchisees may remit a monthly contribution.

Disclaimer: This information is extracted from the 2024 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.