What is the deadline for a Nothing Bundt Cakes franchisee to submit their monthly contribution to the regional advertising and promotional cooperative?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
11.5 Regional Advertising and Promotional Cooperatives.
We have the right to designate any geographical area for purposes of establishing a regional advertising and promotional cooperative ("Cooperative"), and to determine whether a Cooperative is applicable to the Bakery. If a Cooperative is established applicable to the Bakery, you must participate in the Cooperative. In the event we designate a Cooperative for your Territory, your Cooperative contributions will be credited towards your Production Fund contribution requirements. The following provisions will apply to each Cooperative:
- (a) Each Cooperative will be organized and governed in a form and manner, and will commence operation on a date, we approve in advance;
- (b) Each Cooperative will be organized for the exclusive purpose of administering regional advertising programs and developing, subject to our approval, standardized advertising materials for use by the members;
- (c) No promotional or advertising plans or materials may be used by a Cooperative or furnished to its members without our prior approval. All such plans and materials must be submitted to us;
Source: Item 23 — RECEIPTS (FDD pages 93–309)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Nothing Bundt Cakes does not specify a deadline for franchisees to submit their monthly contributions to the regional advertising and promotional cooperative. However, the document does state that if Nothing Bundt Cakes establishes a regional advertising and promotional cooperative applicable to a franchisee's bakery, the franchisee must participate in the cooperative.
The FDD outlines several provisions that apply to each cooperative, including that each cooperative will be organized and governed in a form and manner, and will commence operation on a date, that Nothing Bundt Cakes approves in advance. Each cooperative will be organized for the exclusive purpose of administering regional advertising programs and developing, subject to Nothing Bundt Cakes' approval, standardized advertising materials for use by the members. No promotional or advertising plans or materials may be used by a cooperative or furnished to its members without Nothing Bundt Cakes' prior approval, and all such plans and materials must be submitted to them.
As the FDD does not explicitly state the deadline for monthly contributions, it is important for a prospective franchisee to ask Nothing Bundt Cakes about the specific requirements and procedures for contributing to the regional advertising and promotional cooperative, including the payment deadlines, the methods of payment accepted, and the consequences of late or non-payment. This information is crucial for franchisees to manage their finances and meet their obligations under the franchise agreement.