factual

Where are the performance requirements for the Belocal Test Publication, such as minimum monthly commission, number of pages, articles, or Qualified Sales, specified?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

Notwithstanding anything in the Franchise Agreement to the contrary, any performance requirements for the Test Publication relating to minimum, monthly

Commission, minimum number of pages, minimum number of articles or Qualified Sales shall be set forth in the Franchise Brand Standards Manual.

Source: Item 22 — CONTRACTS (FDD page 71)

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, the specific performance requirements for the Test Publication, including details on minimum monthly commission, the minimum number of pages, the minimum number of articles, and the number of Qualified Sales, are outlined in the Franchise Brand Standards Manual.

For a Belocal franchisee, this means that the Franchise Brand Standards Manual is a critical document. Franchisees must consult this manual to understand the exact metrics they need to meet to remain in compliance with the franchise agreement. These metrics are not static; Belocal retains the right to modify the minimum commission, page count, the number of events, and the number of topic-specific articles at any point during the agreement's term.

Furthermore, failure to meet these requirements can lead to Belocal placing the franchisee on a Business Improvement Plan. If the franchisee fails to successfully complete the Business Improvement Plan, it constitutes a default under the Franchise Agreement and can be grounds for termination. Franchisees should, therefore, pay close attention to the Franchise Brand Standards Manual and any updates to it to ensure they are meeting Belocal's expectations. Franchisees must also complete each content, review, approval, and publishing task for the Publication set forth in the Franchise Brand Standards Manual by the deadlines set by Belocal, as each may change from time to time.

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.