Is the Fitstop franchisee solely responsible for personnel wages incurred in connection with completing the appropriate Remote Training?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
You are also solely responsible for all costs and expenses you (and your personnel) incur in connection with completing the appropriate Remote Training, Corporate Training and Initial On- Site Training, including personnel and other trainee wages.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 24–35)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, the franchisee is indeed solely responsible for all costs and expenses, including personnel wages, incurred while completing the Remote Training. This also applies to Corporate Training and Initial On-Site Training.
This means that as a Fitstop franchisee, you will need to budget not only for your own time and expenses related to training but also for the wages of any personnel you send for training. These costs can include travel, accommodation, and the time spent away from their regular duties. It is important to factor these expenses into your initial investment and operating budget.
This requirement is fairly standard in the franchise industry, as franchisees are generally responsible for their own employee-related expenses. However, it's crucial to understand the full scope of these costs to avoid any financial surprises. Prospective Fitstop franchisees should carefully consider the number of personnel requiring training and the potential wage expenses involved to accurately assess the financial implications.