factual

Within how many days after the publication deadline does Belocal pay the franchisee the Pre-print Commission?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

If Franchisee cross-sells print advertising for inclusion in a publication managed by another franchisee or affiliate before the first issue of the Publication is published, then Franchisee may elect to receive a Pre-print Commission in lieu of the Outgoing Cross-Selling Fee. If Franchisee elects to receive a Pre-print Commission, Franchisor shall pay Franchisee the Pre-print Commission within 20 days after the publication deadline of the publication in which the ad appears.

Source: Item 22 — CONTRACTS (FDD page 71)

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, if a franchisee chooses to receive a Pre-print Commission instead of the Outgoing Cross-Selling Fee, Belocal will pay the franchisee the Pre-print Commission within 20 days after the publication deadline of the publication in which the advertisement is featured.

This means that a Belocal franchisee who cross-sells print advertising for another franchisee's publication has the option to receive a commission equal to 10% of the total advertising contract value. This commission will be paid out within 20 days following the publication's deadline.

It is important for prospective franchisees to understand the implications of choosing the Pre-print Commission versus the Outgoing Cross-Selling Fee, as the best option may vary depending on the specific circumstances of the advertising sale and the publications involved. Franchisees should also keep track of publication deadlines to ensure timely receipt of their commissions.

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.