What is the Missed Conference Fee for a Belocal franchise?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Design Revision Fee (2) (7) (8) | Currently, between $30 (for over 15 annotations) and $80 (for over 45 annotations) | As incurred | Your Commission payment is determined, in part, by the number of design revisions you request. See Note 2. |
| For reference, the typical number of design | |||
| revisions requested through annotations is | |||
| between 3-4 per issue. | |||
| See Note 7 regarding our ability to change | |||
| certain flat fees, including the Design | |||
| Revision fee. | |||
| See Note 8 regarding a cap on the total | |||
| increase to this fee during the term of the | |||
| Franchise Agreement. | |||
| Adjustment Fee (2) (7) | Currently, $1,000 | On demand | Your Commission payment is determined, in part, by your requested changes to the layout of the Publication. See Note 2. |
| If you request changes to the proof copy of | |||
| the Publication, we may charge you an | |||
| Adjustment Fee of $1,000. | |||
| The Adjustment Fee may be updated from | |||
| time | |||
| to | |||
| time | |||
| in | |||
| the | |||
| Franchise | |||
| Brand | |||
| Standards Manual. See Note 7 regarding our | |||
| ability to change certain flat fees, including | |||
| the Adjustment Fee. | |||
| The maximum Adjustment Fee that we may | |||
| charge is $1,500 per occurrence. | |||
| Missed Deadline Fee (2) (7) | Currently, $1,000 | On demand | Your Commission payment is determined, in part, by whether or not you meet our publication deadlines. See Note 2. |
| If you fail to submit to us or our affiliate the | |||
| content required to publish any issue of the | |||
| Publication by the applicable deadline, we | |||
| may charge you a Missed Deadline Fee of | |||
| $1,000. | |||
| The Missed Deadline Fee may be updated | |||
| from time to time in the Franchise Brand | |||
| Standards Manual. See Note 7 regarding our | |||
| ability to change certain flat fees, including | |||
| the Missed Deadline Fee. |
Source: Item 6 — OTHER FEES (FDD pages 14–31)
What This Means (2025 FDD)
Based on the 2025 Belocal Franchise Disclosure Document, there is no mention of a "Missed Conference Fee" in Item 6, which details other fees. However, there is a "Missed Deadline Fee" listed.
According to the table in Item 6, the "Missed Deadline Fee" is currently $1,000, due on demand. This fee is related to the franchisee's commission payment and is charged if the franchisee fails to submit the required content to publish any issue of the Publication by the applicable deadline. The FDD also states that this fee may be updated from time to time in the Franchise Brand Standards Manual.
Prospective Belocal franchisees should note that while there is no specific "Missed Conference Fee" outlined in this section, failing to meet publication deadlines can result in a significant financial penalty. It would be prudent for potential franchisees to inquire with the franchisor about any expectations regarding conference attendance and whether any fees are associated with missing such events, as this information is not explicitly provided in Item 6.