Where must payments for Hyport Digital goods and services be directed when a Belocal franchisee is involved?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
At all times, all payments for Hyport Digital goods and services shall be directed to Franchisor's affiliate.
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, when a franchisee is involved in promoting or soliciting the sale of Hyport Digital goods and services, all payments for these goods and services must be directed to Belocal's affiliate. This requirement ensures that Belocal maintains control over the financial aspects of Hyport Digital sales and can accurately track revenue and commissions.
This stipulation has significant implications for Belocal franchisees. They are not permitted to directly receive payments for Hyport Digital goods and services. Instead, they act as facilitators, connecting clients with Hyport Digital, while the financial transactions are managed centrally by Belocal's affiliate. This arrangement reduces the administrative burden on franchisees, as they do not have to handle payment processing or reconciliation for these sales.
However, it also means that franchisees are dependent on Belocal's affiliate for accurate and timely commission payments. Franchisees must ensure they understand the commission structure and payment schedule to properly manage their own finances. Furthermore, franchisees should be aware that Belocal has the right to modify or discontinue the Hyport Digital sales program, which could impact their ability to earn commissions from these sales.