Are Annex Brands franchisees responsible for update fees associated with the Intuit QuickBooks software?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
. Intuit QuickBooks software (desktop version), proprietary to Intuit, Inc. (2632 Marine Way, Mountain View, CA 94043, 650-944-6000). This software may be purchased from a reseller or supplier of your choice for about $899, and you will be responsible for any update fees associated with this softwar
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 45–62)
What This Means (2025 FDD)
According to the 2025 FDD, Annex Brands franchisees are responsible for any update fees associated with the Intuit QuickBooks software. The FDD specifies that the Intuit QuickBooks software (desktop version) may be purchased from a reseller or supplier of the franchisee's choice for about $899.
This means that as an Annex Brands franchisee, you will need to budget not only for the initial purchase of the QuickBooks software, but also for ongoing update fees to keep the software current. These updates are essential for ensuring the software remains compatible with other systems and compliant with accounting standards.
It is important for prospective Annex Brands franchisees to factor in these software costs when evaluating the overall investment required to start and operate the franchise. The cost of $899 for the software is an estimate, and the actual price may vary depending on the reseller or supplier chosen. Franchisees should also inquire about the frequency and cost of these updates to accurately forecast their operating expenses.