factual

Who is responsible for covering all costs and expenses related to participation in Beard Papas training programs?

Beard_Papas Franchise · 2025 FDD

Answer from 2025 FDD Document

Lease Agreement Rider, Collateral Assignment of Lease, and the Assignment of Telephone Numbers and Digital Media Accounts, as said agreements, individually and/or collectively, may have been entered into between the foregoing parties.

  • "Annual Conference Attendance Fee" refers to and means an annual conference attendance fee to be paid by Franchisee to Franchisor in an amount determined by Franchisor but not to exceeding $1,200 annually.
  • "Annual System Conference" refers to and means a conference that may be established and organized by Franchisor for the purpose of facilitating networking among Beard Papa's Shop franchisees, and general education. Franchisor shall designate and determine whether or not an Annual System Conference shall occur and, if one is established in any particular year, the dates, content and location of the Annual System Conference. The Annual Sy

Source: Item 23 — RECEIPTS (FDD pages 58–275)

What This Means (2025 FDD)

According to the 2025 Beard Papas Franchise Disclosure Document, the franchisee is responsible for covering all costs and expenses associated with travel to and attendance at the Annual System Conference. The Annual System Conference is a conference that may be established and organized by Beard Papas for the purpose of facilitating networking among Beard Papa's Shop franchisees, and general education.

Beard Papas determines whether or not an Annual System Conference will occur in any particular year, as well as the dates, content, and location of the conference. If held, the Annual System Conference will last for no more than three consecutive days per calendar year.

In addition to the franchisee being responsible for costs and expenses related to the Annual System Conference, the franchisee may also be required to pay an Annual Conference Attendance Fee to Beard Papas. This fee is determined by Beard Papas, but will not exceed $1,200 annually.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.