Can the Red Wagon Club annual conference be held through a virtual platform?
Red_Wagon_Club Franchise · 2024 FDDAnswer from 2024 FDD Document
We may require you (or your Operating Principal) and/or your Designated Manager to attend various ongoing training events, participate in online sessions, view training videos and/or attend regional training or training at another event such as an annual meeting or convention, at the times and locations designated by us, including courses and programs provided by third parties we designate. Besides attending these training courses, programs, and events, we may also require you to attend an annual conference of franchise owners. We will decide when and where this conference will be held, which may include through a virtual platform. Attendance at additional training courses, programs, events, or the annual franchise owner conference may be required for up to 10 days during a calendar year (which days may not necessarily be consecutive). We may charge a fee for these types of ongoing training activities, and you will be responsible for all costs associated with attending such programs, courses, events, or meetings.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 24–31)
What This Means (2024 FDD)
According to the 2024 Red Wagon Club Franchise Disclosure Document, the annual conference can be held through a virtual platform. Red Wagon Club may require the franchisee (or their Operating Principal) and/or their Designated Manager to attend various ongoing training events, participate in online sessions, view training videos and/or attend regional training or training at another event such as an annual meeting or convention.
Red Wagon Club will decide when and where this conference will be held, and this may include a virtual platform. Attendance at additional training courses, programs, events, or the annual franchise owner conference may be required for up to 10 days during a calendar year. These days may not necessarily be consecutive.
Red Wagon Club may charge a fee for these types of ongoing training activities, and the franchisee will be responsible for all costs associated with attending such programs, courses, events, or meetings. This means that franchisees should budget not only for potential fees charged by Red Wagon Club, but also for travel, lodging, and other expenses if the conference is not held virtually.