Under what license does Annex Brands offer the web-based financial training portal?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
We are the only approved supplier for our web-based financial training portal, which we offer under a license from Profit Soup LLC. See Items 6 and 11 for details.
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 39–43)
What This Means (2025 FDD)
According to Annex Brands's 2025 Franchise Disclosure Document, the web-based financial training portal is offered under a license from Profit Soup LLC. This means that Annex Brands does not own the financial training portal outright but instead has the right to provide it to franchisees through a licensing agreement with Profit Soup LLC.
For a prospective franchisee, this indicates that the content and availability of the financial training portal are subject to the terms of the license agreement between Annex Brands and Profit Soup LLC. Changes to the portal, its content, or its availability could occur if the licensing agreement is altered or terminated.
Franchisees should consider the implications of relying on a training resource that is not directly controlled by Annex Brands. It would be prudent to inquire about the terms of the licensing agreement, the duration of the agreement, and any potential limitations or restrictions on the use of the financial training portal. Understanding these factors can help a franchisee assess the long-term stability and reliability of this training resource.