factual

Under what circumstances will Belocal charge a Late Revisions Fee?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee(1) Amount Due Date Remarks
The maximum Missed Deadline Fee that we may charge is $1,500 per occurrence.
Late Revisions Fee (2) (7) Currently, $1,000 On demand Your Commission payment is determined, in part, by whether or not you timely review, make, or accept revisions to the Publication during certain stages of the publication process. See Note 2. If you fail to timely review, make, or accept revisions to the Publication during certain stages of the publication process, we may charge you a Late Revisions Fee of $1,000. The Late Revisions 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 Late Revisions Fee. The maximum Late Revisions Fee that we may charge is $1,500 per occurrence.

Source: Item 6 — OTHER FEES (FDD pages 14–31)

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, a Late Revisions Fee of $1,000 may be charged if a franchisee fails to timely review, make, or accept revisions to the Publication during certain stages of the publication process. This fee is tied to the franchisee's commission payment, which is affected by the timeliness of revision-related tasks. The fee is due on demand.

This fee can impact a Belocal franchisee's profitability, as it directly reduces commission payments. Franchisees must ensure they meet all deadlines for reviewing and implementing revisions to avoid incurring this charge. The FDD also notes that the Late Revisions Fee may be updated periodically in the Franchise Brand Standards Manual.

It's important to note that the maximum Late Revisions Fee that Belocal may charge is $1,500 per occurrence. Prospective franchisees should carefully review the Franchise Brand Standards Manual and seek clarification from Belocal regarding the specific stages of the publication process and associated deadlines to effectively manage and avoid this fee.

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.