How does Advanced Mobile Iv And Amiv use the Advertising Fee?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
Note 4. Advertising Fee. We reserve the right to temporarily lower, suspend, or rebate the Advertising Fee at any time, upon prior written notice to you and to our other franchisees. Advertising Fee payments are in addition to and exclusive of any sums that you may decide or be required to spend on local advertising and promotion. We have sole discretion over the creative ideas, materials, endorsements, media, placement, and allocation of monies related to use of the Advertising Fee.
The Advertising Fee is used to maintain, administer, direct, prepare, and review national, regional, and local advertising materials and programs and to cover our related overhead as we in our sole discretion deem necessary. We are under no obligation to administer the Advertising Fee to ensure that expenditures are proportionate to contributions of our franchisees for any given market area or that any franchise benefits directly or proportionately from the development or placement of advertising. We are not obligated to expend all or any part of the Advertising Fee during any specific time.
Source: Item 6 — OTHER FEES (FDD pages 13–19)
What This Means (2023 FDD)
According to Advanced Mobile Iv And Amiv's 2023 Franchise Disclosure Document, the advertising fee is used to maintain, administer, direct, prepare, and review national, regional, and local advertising materials and programs. These funds also cover Advanced Mobile Iv And Amiv's related overhead, as they deem necessary in their sole discretion.
Advanced Mobile Iv And Amiv has sole discretion over the creative ideas, materials, endorsements, media placement and allocation of monies related to the use of the Advertising Fee. Advanced Mobile Iv And Amiv is not obligated to administer the Advertising Fee to ensure that expenditures are proportionate to contributions of franchisees for any given market area or that any franchise benefits directly or proportionately from the development or placement of advertising.
Furthermore, Advanced Mobile Iv And Amiv is not obligated to expend all or any part of the Advertising Fee during any specific time. However, Advanced Mobile Iv And Amiv does reserve the right to temporarily lower, suspend, or rebate the Advertising Fee at any time, upon prior written notice to franchisees. The advertising fee is up to 1% of monthly gross sales, beginning in month 13 following franchise agreement execution. These payments are in addition to and exclusive of any sums that franchisees may decide or be required to spend on local advertising and promotion.