Manage full life-cycle contract maintenance processes for the administration of franchise related agreements, amendments, renewals, and terminations for Inspire Brands portfolio companies.
• Development and Franchise Related Agreement Compliance:
-Understand all aspects of the brands franchise related agreements and Franchise Disclosure Document (“FDD”).
-Assist in the preparation of the FDDs and related amendments, exemptions, and quarterly reports.
-Review new term sheets from franchise development and determine if the territory to be granted is available for sale and which applicable development incentives may be available.
-Compose any special language indicated in the term sheet and forward to Director Franchise Services and/or VP - Franchise Counsel for review.
-Monitor development agreements for site packages, new store openings and remodel due dates.
• Franchisee License Renewals:
-Manage and evaluate the successor license renewal application process submitted by franchisee to determine if franchisee is eligible for renewal.
-Provide guidance to franchisees, franchise operations and development teams related to applicable successor policy and available options.
-Prepare the related contract documents, monitor any remodel compliance of each location, and calculate applicable franchise agreement term and provide all required information to be entered into applicable databases and executed documents for scanning to digital files.
• Franchisee Transfer of Ownership:
-Manage the franchisee approval process and licensing for all transfer of ownership transactions (assignments, refranchising and stock transfers).
-Issue policy and related documentation to prospective parties. Administratively manage franchisee to franchisee transaction, providing all required documents for approval, i.e. background checks, financial statements, purchase agreement, and applications.
-Obtain the necessary corporate and field approvals and ensure FTC/state regulatory compliance.
-Determine new license term, protected area and royalty rate available to the buyer under new license contracts.
-Determine if any operational items are outstanding from the seller and/or existing menu exceptions for both buyer and seller.
-Prepare the required transaction documents, outline any contingencies and collect any outstanding fees and/or delinquencies from buyer and seller.
• BDC Reporting and Period End Reporting:
-Develop agenda items for any potential franchising compliance issues and requests from franchisees.
-Develop the applicable BDC pre-reads for the calibration meetings and contact appropriate field team members for region point of view to be incorporated into pre-reads.
-Assist in preparation of necessary contract documents per BDC committee notes each month such as re-negotiated agreements or extensions approved by BDC.
-Review master development commitment schedule and franchising activity developed by development tracking manager and evaluate if all activity and amendments have been recorded accurately.
EDUCATION & EXPERIENCE QUALIFICATIONS
4 year degree or equivalent work experience required
Paralegal Certification preferred
3 - 5 years' experience in Franchising or Contract Administrator position
REQUIRED KNOWLEDGE, SKILLS or ABILITIES
Excellent oral and written communication skills
Able to handle stressful situations and to work with difficult clientele in a respectful and courteous manner
Organized, flexible and ability to multi-task effectively
Strong team orientation and interpersonal skills
Time management and organization skills
Excellent attention to detail
Proficiency in MS Excel, MS Outlook, MS Word, MS PowerPoint, And Adobe Sign
Maintain comprehensive knowledge of personal computer applications and software packages.
Must possess knowledge of FTC and State regulatory compliance for FDD compliance.
Inspire Brands is a multi-brand restaurant company whose portfolio includes nearly 32,000 Arby's, Baskin-Robbins, Buffalo Wild Wings, Dunkin', Jimmy John's, Rusty Taco and SONIC Drive-In restaurants worldwide.
We're made up of some of the world's most iconic restaurant brands, but we're much more than just a restaurant company. We're a team of hundreds of thousands who individually and collectively are changing the way people eat, drink and gather around the table. We know that food is much more than a staple—it's an experience. At Inspire, that's our purpose: to ignite and nourish flavorful experiences.
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