Is completing the initial training mandatory before opening a Ledgers Franchised Business?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
chised Business. We may disseminate the Manual electronically. We may revise the Manual from time to time to adjust for competitive changes, technological advancements, legal requirements, continuous improvements, or services offered.
3.2. Site Selection
We do not provide site selection assistance. We do provide criteria to help you select a site in our Manual.
3.3. Training
A. Initial Training.
We will provide you a minimum of three (3) days of Initial Training. The Initial Training course will provide you with training on operations and client acquisition. We presently offer this training live in Newmarket, Ontario, Canada, but may offer it in other locations, or via interactive video conference or webinar, at our choosing. Successful completion of the Initial Training is mandatory prior to opening your Franchised Business.
B.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, successful completion of the Initial Training is mandatory before opening a Ledgers Franchised Business. This training covers operations and client acquisition. The initial training is a minimum of three days.
If a franchisee chooses to appoint a Business Manager, that Business Manager must also attend and successfully complete the Initial Franchisee Training before operating the Franchise Business. Ledgers does not charge for the training itself, but the franchisee is responsible for covering all travel, transportation, lodging, and meal costs incurred while attending the training.
Failure to attend and pass the Initial Training according to Ledgers' current standards can result in the termination of the Franchise Agreement without notice or opportunity to cure the breach. This underscores the importance Ledgers places on ensuring franchisees and their managers are properly trained before commencing operations. Advanced or refresher training may also be required by Ledgers, either electronically or in person.