BING BOY APPLICATION FORM

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BING BOY APPLICATION FORM
BING BOY APPLICATION FORM
Thank you for your interest in acquiring a Bing Boy Franchise.
This application form is provided to you in order to determine your suitability as a
Franchisee.
As the information provided will be relied upon by Bing Boy in its assessment
process, it is important that all information you provide to Bing Boy is true and
accurate.
Each owner, partner and shareholder associated with the proposed franchise must
complete a separate application form.
All information will be treated confidentially by Bing Boy.
The completion of this application form is not binding to either party in any way.
Copyright ©July 2012 by Bing Boy Pty Ltd
BING BOY FRANCHISE APPLICATION PROCESS
Download and complete the Application Form
Send to Bing Boy Head Office by e-mail or fax
First interview stage with potential franchisee – please allow
1-3 hours (will also depend on number of potential partners or
structure of ownership)
Internal discussion in Bing Boy on potential franchisee and
notification to potential franchisee of 2nd stage trial (or not)
In-store trial (2 days) – assessment of individual and team
capability, management support and communication
Copyright ©July 2012 by Bing Boy Pty Ltd
Second interview - please allow
1-3 hours
Preview the draft Franchise Agreement
Acceptance of the franchise agreement (or change of terms)
Payment of deposit
Internal and external Training established
Payment of funds
Copyright ©July 2012 by Bing Boy Pty Ltd
PERSONAL INFORMATION
Full Name ………………………………………………………………...
Home Address……………………………………….State……. Postcode………
Email Address ……………………………………………………………………..
Mobile No.………………………………………………………………………...
Home…………………………………..Work…………………………………...
Are you married? Yes / No
if yes, please provide spouse’s name…………..
Are you an Australian Citizen? Yes / No if no, Nationality………………….
Have you ever been convicted of a criminal offence?
Yes / No
If yes, please provide
details……………………………………………………… …………………………
………………………………………………………….
EMPLOYMENT
Name of company / employer
……………………………………………
No. of years employed
……………………………………………
Type of business
……………………………………………
Position
……………………………………………
May we contact you at work
Yes / No
Contact details
…………………….
Copyright ©July 2012 by Bing Boy Pty Ltd
Please provide three personal references – not related (name/contact number)
1……………………………………………………………………………………….
2…………………………………………………………………………………….....
3……………………………………………………………………………………….
Please provide three business references if any (name/contact number)
1……………………………………………………………………………………….
2…………………………………………………………………………………….....
3……………………………………………………………………………………….
BUSINESS OWNERSHIP EXPERIENCE
Have you ever been self-employed?
Yes / No
If yes, please provide
details ………………………………………………………. ………………………
……………………………………………………………….
……………………………………………………………………………………….
Have you ever been involved in the retail or food sector?
Yes / No
If yes, please provide
details………………………………………………………….
………………
………………………………………………………………………..
………………………………………………………………………………………..
Do you, or anyone in your immediate family, own an interest in a fast-food
restaurant?
Yes / No
If yes, please provide details …………………………………………………………
Copyright ©July 2012 by Bing Boy Pty Ltd
………………………………………………………………………………………..
………………………………………………………………………………………..
If you, or anyone in your immediate family, were to own a Bing Boy franchise, would
you or they have any potential conflict of interest with Bing Boy? Yes / No
If yes, please provide details …………………………………………………………
………………………………………………………………………………………..
………………………………………………………………………………………..
GENERAL ENQUIRIES BY BING BOY
How did you hear about Bing Boy
………………………………………..
Will other parties have an ownership interest (whether directly or indirectly) in the
Business?
Yes / No
If yes, who are they…………………………………………………………….
(note each must submit a separate franchise application form)
Do you intend to operate this business by yourself
Yes / No
Do you intend to operate this business under management
Yes / No
If yes, please specify details ………………………………………………….
…………………………………………………………………………………
Copyright ©July 2012 by Bing Boy Pty Ltd
Which Australian State is your preferred business
location?
……………………………………………………………………………
……
If you have a preferred location within the above State, please indicate the location
1……………………………………….. 2……………………………………
What will your long term involvement be in the Franchise venture?
…………………………………………………………………………………
…………………………………………………………………………………
Are you interested in more than one Bing Boy franchise?
If yes, please specify details ……………………………………………….…
…………………………………………………………………………………
Do you acknowledge that nobody can predict the future success of the business,
regardless of the track record of the Franchisor?
Yes
/
No
Do you accept that as a future franchisee, you must work in co-operation with Bing
Boy and must work according to the values and principles and policies and
procedures established in the franchise system, and in particular working under the
direction and guidance of the Franchisor? Yes
/
No
Do you accept that as a future franchisee, you must work in co-operation with Bing
Boy to maintain and develop the brand established in the franchise system and must
not use the franchise, the store or its personnel to promote any other non Bing Boy
related products or services?
Yes
/
No
Copyright ©July 2012 by Bing Boy Pty Ltd
FINANCIAL INFORMATION
Income from current occupation
$……………………….….
All other income
$...............................................
Do you rent or own your own home? Rent/Own
If own, estimate value
$…………………………..
If owned, amount owed on bank mortgage or other (if applicable)
$……………………………..
Total assets (a) …………………………Total liabilities (b)……………………….
Net worth (c)…………………………...
Total liquid cash (cash and assets easily saleable eg. shares) available for business
investment and working capital……………………………………………………
Have you ever filed for bankruptcy?
Yes / No
If yes, please provide details……………………………………………………….
……………………………………………………………………………………..
……………………………………………………………………………………..
Please fill out the Statement of Position on the next page.
Copyright ©July 2012 by Bing Boy Pty Ltd
Statement of Financial Position – Principle/Director/Shareholder
Full Name ___________________________________________________________________
Copyright ©July 2012 by Bing Boy Pty Ltd
DECLARATION
I, ………………………………………………………………………………
of ……………………………………………………………………………….
declare that:
1. I have sufficient income to maintain my current lifestyle while spending funds
on the development of my Bing Boy franchise.
2. I understand that where financing is required to open my store, it is my sole
responsibility to obtain such financing.
3. I acknowledge that I must pass the Bing Boy initial training test before Bing
Boy will consider granting a franchise to me.
4. I understand that I will need to obtain independent legal, accounting and
business advice and make my own enquiries about the business.
Print Full Name: _____________________________________________
Signature: __________________________________________________
Date: _____________________________
Please bring your CV with you to the interview!
Please note this information is treated confidentially
Copyright ©July 2012 by Bing Boy Pty Ltd