When is the Bookkeeping Software Fee due to Basecamp Fitness?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount (Note 1) | Due Date | Remarks |
|---|---|---|---|
| Bookkeeping Software Fee | Up to $500 per month, per Basecamp Studio | As incurred | We currently do not require franchisees to use a designated bookkeeping vendor, but we may do so in the future and if so, you will be required to pay us or the vendor for the service. |
Source: Item 6 — OTHER FEES (FDD pages 17–24)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the Bookkeeping Software Fee, which can be up to $500 per month per Basecamp Studio, is due 'As incurred.' This means the fee is payable when the cost is created or the service is utilized.
Currently, Basecamp Fitness does not mandate franchisees to use a specific bookkeeping vendor. However, they retain the right to implement this requirement in the future. Should they do so, franchisees will be obligated to pay either Basecamp Fitness or the designated vendor for the bookkeeping services.
As the fee is 'as incurred,' a prospective franchisee should clarify with Basecamp Fitness the exact triggers for this fee. Understanding the specific circumstances under which the fee is charged is crucial for budgeting and financial planning. It is also important to understand if Basecamp Fitness will provide advance notice before requiring franchisees to use a bookkeeping vendor.