How should the monthly financial and sales information be prepared by Amerispec Inspection Services franchisees?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
- 9.5 Inspection Documentation.
All inspections conducted by the Franchised Business shall be documented on forms and in the manner as prescribed by the Company, and the Franchisee shall notify the Company of each inspection and source of revenue conducted by the Franchisee by providing such information with respect to each such inspection as, and in the manner, specified by the Company.
- 9.12 Software.
Franchisee will use in the Franchised Business the software system, including business contact management software and inspection software, all other existing or future communication or data storage systems, hardware components thereof and associated service, which the Company has developed and/or selected for the System of Operation (the "Computer System").
The Company may require Franchisee to electronically upload or transmit information on a periodic basis (including daily).
The Company also has the right to independently access sales information and other data produced by the Computer System.
The AMS (AmeriSpec Management System) is an online business management tool that allows Franchisee to have all Franchisee's needed information and automated processes in one place.
The AMS allows the Company to market, schedule, and communicate with Franchisee's customers.
Franchisee must sign a license agreement with the Company for use of this software, the form of which is included as Exhibit G to this Agreement.
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to the 2025 Amerispec Inspection Services FDD, franchisees must notify the company of each inspection and source of revenue. This information must be provided in the manner specified by Amerispec Inspection Services.
Amerispec Inspection Services requires franchisees to use a specific computer system, which includes business contact management software and inspection software. Franchisees may be required to electronically upload or transmit information periodically, potentially even daily. Amerispec Inspection Services also retains the right to independently access sales information and other data produced by the computer system.
The AmeriSpec Management System (AMS) is an online business management tool that franchisees must use, requiring them to sign a license agreement. This system centralizes needed information and automates processes. The AMS also enables Amerispec Inspection Services to market, schedule, and communicate with the franchisee's customers. These systems ensure that Amerispec Inspection Services has access to the necessary financial and sales data from its franchisees.