How might Fly To Fit communicate the approval of new suppliers or the revocation of past approvals?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
If you want to use a supplier that is not on our list of approved suppliers, you must request our approval in writing. We will grant or revoke approvals of suppliers based on criteria appropriate to the situation, which may include evaluations of the supplier's capacity, quality, financial stability, reputation, and reliability; inspections; product testing, and performance reviews. Our criteria for approving suppliers are not available to you. We permit you to contract with alternative suppliers who meet our criteria only if you request our approval in writing, and we grant approval. There is no fee for us to review or approve an alternate supplier. We will provide you with written notification of the approval or disapproval of any supplier you propose within 30 days after receipt of your request. We may grant approvals of new suppliers or revoke past approvals of suppliers on written notice to you, or by updating our Manual.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 19–21)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, Fly To Fit may communicate the approval of new suppliers or the revocation of past approvals to franchisees through written notice or by updating its Manual. If a franchisee wants to use a supplier that is not on Fly To Fit's list of approved suppliers, the franchisee must request approval in writing. Fly To Fit will then grant or revoke approvals of suppliers based on criteria appropriate to the situation, including evaluations of the supplier's capacity, quality, financial stability, reputation, and reliability; inspections; product testing, and performance reviews.
Fly To Fit will provide written notification of the approval or disapproval of any supplier a franchisee proposes within 30 days after receipt of the request. Fly To Fit's criteria for approving suppliers are not available to franchisees.
This means that as a Fly To Fit franchisee, you must seek written approval to use any supplier not already on the approved list. Fly To Fit has considerable discretion over supplier approvals and can change approved suppliers, so it is important to stay updated on the current approved list to ensure compliance and avoid potential disruptions to your business.