What is the maximum Annual Conference Attendance Fee for a Beard Papas franchise?
Beard_Papas Franchise · 2025 FDDAnswer from 2025 FDD Document
| Amount | Due Date | Remarks | |
|---|---|---|---|
| Royalty (Notes 2 and 3) | 5% of Gross Sales | Monthly on the 7th of each month for the preceding month | Will be debited automatically from your bank account by ACH or other means designated by us. |
| Brand Development Fund (Note 4) | Up to 2% of Gross Sales | Monthly on the 7th of each month for the preceding month | Will be debited automatically from your bank account by ACH or other means designated by us. |
| Franchisee Directed | 2% of Gross Sales | As incurred | Must be spent by you monthly on |
| Local Marketing | pre-approved marketing within your | ||
| (Note 5) | designated territory. | ||
| POS System (Note 6) | Varies under the circumstances | Monthly as invoiced | Monthly license for point of sale system. Payable to us or supplier as we designate. |
| Online Ordering, Customer Rewards, and Gift Cards (Note 7) | Currently not implemented by us but may be implemented in the future | As invoiced and as incurred | Fees for access to ordering and other systems we designate for online ordering, customer rewards, and/or gift card system management and redemption. |
| Technology (Note 8) | Up to $500 per month, currently not assessed | Monthly as invoiced | Will be debited automatically from your bank account by ACH or other means designated by us. |
| Local and Regional Advertising Cooperatives (Note 9) | Established by cooperative members, but not exceeding the local marketing requirement, currently not assessed | As established by cooperative members | If we authorize an Advertising Cooperative, fees that you pay to the cooperative will count to the satisfaction of your Franchisee Directed Local Marketing Requirements and will not exceed the local marketing requirements. |
| Annual Conference Attendance Fee | Our then current conference fee, not greater than $1,200 | When invoiced and before conference | Applies to conference fee for an annual System conference. |
Source: Item 6 — OTHER FEES (FDD pages 13–17)
What This Means (2025 FDD)
According to Beard Papas's 2025 Franchise Disclosure Document, franchisees may be required to pay an Annual Conference Attendance Fee. The fee is Beard Papas's current conference fee at the time, but it will not be greater than $1,200. This fee is due when invoiced and before the conference takes place.
Franchisees should be aware of this potential cost when budgeting for their franchise. While attendance at the annual conference may be optional, it could be a valuable opportunity for networking and learning best practices within the Beard Papas system.
It is common practice in the franchise industry for franchisors to hold annual conferences and charge attendance fees to cover the costs of the event. The fee amount can vary depending on the brand and the scope of the conference.