Can Aira Fitness make loans to the National Marketing Fund?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
We may make loans to the Marketing Fund bearing reasonable interest to cover any deficit of the Marketing Fund and cause the Marketing Fund to invest in a surplus for future use by the Marketing Fund.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, Aira Fitness may make loans to the National Marketing Fund. These loans would bear a reasonable interest rate and are intended to cover any deficits the Marketing Fund might experience. Additionally, Aira Fitness can cause the Marketing Fund to invest in any surplus it may have for future use.
This arrangement allows Aira Fitness to ensure the Marketing Fund remains solvent and effective, even during periods of lower contributions or higher marketing expenses. The interest charged on the loans could provide a small return to Aira Fitness, while the ability to invest surpluses ensures the funds are used efficiently.
As an Aira Fitness franchisee, this means that the National Marketing Fund, which is funded by a percentage of your gross sales, should have the resources needed to support marketing efforts. The franchisor's ability to loan money to the fund and manage surpluses aims to provide financial stability and maximize the impact of marketing campaigns for the Aira Fitness brand.