factual

What is considered an 'Accounting Period' for the purpose of calculating the All County Ad Fee?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

"Accounting Period

Source: Item 23 — Receipts (FDD pages 43–157)

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, an "Accounting Period" is defined as one calendar month. This definition is relevant to the calculation and payment of the Ad Fee, which All County franchisees must contribute to the Advertising Fund.

Specifically, the Ad Fee is calculated each Accounting Period and is the greater of one percent of the Gross Revenue the business derived during that month or $195. This fee is payable monthly, at the same time and in the same manner as the royalty fees.

Therefore, franchisees need to track their Gross Revenue on a monthly basis to accurately calculate their Ad Fee contribution. Understanding this definition is crucial for franchisees to manage their finances and comply with the terms of the Franchise Agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.