How will Goldfish Swim School notify franchisees of changes to approved vendors or suppliers?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
We have required vendors and suppliers as identified in the Confidential Brand Standards Manual and we reserve the right to designate required additional vendors or suppliers, or revoke the approval of suppliers as we determine in our discretion from time to time in the future, and will provide you notice through the Confidential Brand Standards Manual.
Source: Item 8 — RESTRICTIONS ON SOURCES OF SERVICES AND PRODUCTS (FDD pages 27–30)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School Franchise Disclosure Document, Goldfish Swim School will communicate any changes to approved vendors or suppliers through the Confidential Brand Standards Manual. This manual includes periodic bulletins to keep franchisees informed of any updates. Goldfish Swim School retains the right to designate additional required vendors or suppliers, or to revoke the approval of existing suppliers, as they determine necessary.
This means that as a Goldfish Swim School franchisee, you must regularly review the Confidential Brand Standards Manual and any bulletins to stay current with the approved suppliers. Failure to use approved suppliers could result in a breach of the franchise agreement. While the FDD does not specify the exact frequency of these updates, it is crucial to remain vigilant to ensure compliance.
It is common practice in franchising for franchisors to have approved supplier lists to maintain brand consistency and quality control. Goldfish Swim School's approach aligns with this practice. However, franchisees should be aware that these requirements can impact their operating costs and flexibility in choosing suppliers. Prospective franchisees should inquire about the typical frequency of supplier changes and the process for requesting approval of alternative suppliers.