How often must a Beem Light Sauna franchisee contribute to the Brand Fund?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
7.2 Brand Fund.
(a) Fund Management. We may, but are not obligated to, establish the Brand Fund, a segregated or independent fund into which all Brand Fund Fees will be paid. In no event will we be deemed a fiduciary with respect to any Brand Fund Fees we receive or administer. We are not required to have an independent audit of the Brand Fund completed. We will prepare an unaudited statement of contributions and expenditures for the Brand Fund and make it available within 60 days after the close of our fiscal year to franchisees that make a written
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, it is not specified how often a Beem Light Sauna franchisee must contribute to the Brand Fund. The document outlines that Beem Light Sauna may establish a Brand Fund, a segregated or independent fund into which all Brand Fund Fees will be paid. However, the FDD does not state the frequency of these payments.
While the FDD details how the Brand Fund may be used, including for advertising, marketing, and promotional activities, it does not specify the exact contribution schedule required of franchisees. The document mentions that Beem Light Sauna may consult with a franchisee advisory council regarding marketing programs but retains the right to direct all marketing programs and uses of the Brand Fund.
Prospective Beem Light Sauna franchisees should inquire with the franchisor about the specific requirements for Brand Fund contributions, including the frequency of payments, the method of calculation, and any potential changes to the contribution rate. Understanding these details is crucial for budgeting and financial planning as a franchisee.