When are travel and living expenses during training due for an All Team agency?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
INITIAL INVESTMENT
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
|---|---|---|---|---|
| Franchise Fee | $42,500 | Lump sum | At time of signing Franchise Agreement | Us |
| Leasehold improvements (if needed) Note 1 | $0 - $5,000 | Lump sum |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, travel and living expenses incurred while training are due as they are incurred, meaning payment is expected during the training period. These expenses are estimated to range from $3,000 to $5,000, and are paid to airlines, hotels, and restaurants. This means a prospective All Team franchisee should budget for these costs and have funds available during their training period to cover these immediate expenses.
Most franchisors require franchisees to cover their own travel and living expenses during the initial training program. The 'as incurred' payment schedule is fairly standard, as it aligns with when the franchisee actually uses the services (flights, hotel stays, meals). This contrasts with expenses paid 'prior to opening' or 'monthly'.
It is important for prospective All Team franchisees to factor these expenses into their initial investment calculations and ensure they have sufficient capital to cover these costs as they arise during the training period. Understanding the timing of these payments helps in managing cash flow during the startup phase of the franchise.