What information must All Team franchisees provide to ATFC for invoicing Customers?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
e under the Franchise Agreement, the Processing Agreement and this Agreement from the weekly Purchase Price. In addition, USER agrees that ATFC is permitted to deduct any other amounts due to ATFC or its affiliates.
VI. Collection of Accounts Receivable. USER hereby appoints ATFC as its lawful agent and attorney-in-fact with full authority to do any and all lawful things necessary for the fulfillment of this Funding Agreement, including the following in order to collect the Accounts Receivable:
A. Invoicing Customers. Pursuant to the Processing Agreement and the Franchise Agreement, ATFC will generate and mail or email invoices to Customers from information provided by USER with instructions to the Customer to remit payment to All Team Franchise Corporation, 500 N. West Shore Boulevard, Suite 300, Tampa, FL 33609 or such other address as ATFC may designate in writing. All invoices for services rendered shall be transmitted to the Customer and each such invoice shall bear a notice that they have been sold and assigned to, are owned by and are payable directly and only to ATFC. With regard to each invoice, USER agrees that ATFC shall have access to all such information or documents as ATFC in its discretion may request from time to time. In the event USER fails to cause ATFC to be provided with copies of any invoices or other documentation when requested by ATFC, such Account Receivable reflected by such invoice shall automatically revert back to USER (regardless of any prior approval) and ATFC shall have no credit risk with respect to such Account Receivable. Each invoice shall bear the terms of sale and no change from the original terms of sale shall be made without ATFC's prior written consent.
B. Apply Remittances. ATFC will receive, retain and apply all remittances tendered in payment of Accounts Receivable pursuant to the provisions of this Agreement. ATFC shall credit as paid all payments by Customers of purchased Accounts Receivable and other payments on behalf of USER promptly after crediting such payment to the Customer's Invoice.
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, franchisees (referred to as USER) must provide information to All Team Franchise Corporation (ATFC) that allows ATFC to generate and mail or email invoices to customers. This includes data entered into the required software. The invoices instruct customers to remit payment directly to ATFC. All Team franchisees must also submit timecards or related reporting to ATFC weekly no later than noon on Wednesday based on the prior week. These timecards will then be matched up with each invoice by the franchisee.
All Team franchisees must also furnish all necessary payroll information regarding their temporary employees. This includes wages, rates, names of payees, direct payroll costs, and billing information regarding the franchisee's customers in the form required by ATFC pursuant to the Processing Agreement or Franchise Agreement. The franchisee must also deliver copies of all original invoices, bills of lading, proofs of delivery, contracts or purchase orders, and/or purchase order numbers which correspond with such Customer Invoices, and time tickets or other proofs of service as may be required by ATFC. This documentation must be sent to ATFC no later than noon Wednesday following the previous week.
Failure to provide invoices and timecards in a timely manner can result in penalties for All Team franchisees. The FDD states that the fine is $1,000 for the first violation, $2,500 for the second violation, and $5,000 for the third and each subsequent violation. This highlights the importance of adhering to the specified deadlines and documentation requirements to avoid incurring these fines. ATFC also retains the right to request any information or documents it deems necessary, and franchisees must provide access to this information.