Training

Veronica’s Insurance provides a comprehensive suite of training programs for its franchisees to ensure operational excellence. Here’s a breakdown of the training offerings:

1. Initial Training Program
   Franchisees are required to complete an initial training program within 45 days of the business commencement date. This program must be attended by the Managing Owner and one manager, and includes classroom and on-the-job instruction. The training can be delivered at a designated facility or remotely via online conferencing. If more than two individuals attend, an additional fee of $300 per person applies.
2. Refresher and System-Wide Training
   Franchisees and their managers must attend refresher training courses and system-wide training programs as designated by the Franchisor. These programs are designed to keep franchisees updated on the latest operational standards and business practices.
3. Supplemental Training
   Veronica’s Insurance may offer supplemental training either onsite at the franchise location or remotely. The supplemental training is charged at $300 per trainer per day, along with reimbursement for travel and accommodation expenses if applicable. This training is especially required if a new Operating Manager is hired or if the franchise is not meeting operational standards.

Territory Protection

Veronica’s Insurance grants franchisees a Designated Territory around their approved agency location, typically covering a radius of about four miles or defined by other boundaries. Within this area, the Franchisor agrees not to open or license another agency using the same brand.

However, the territory is not fully exclusive. The Franchisor reserves the right to operate or license competing businesses under different trademarks and to use alternative distribution channels, meaning franchisees may still face indirect competition even within their territory.