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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
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