factual

When is the Annual Conference Fee for Best Brains payable?

Best_Brains Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount Due Date Remarks
Annual Conference Fee $500 per year $125 per month in January – May of each year You shall attend annual training conferences and seminars as we specify. You agree that we can charge you this fee. If you attend our annual conference, we will refund this amount to you in full. FA Sec. 5(P).

Source: Item 6 — OTHER FEES (FDD pages 11–15)

What This Means (2025 FDD)

According to Best Brains's 2025 Franchise Disclosure Document, the Annual Conference Fee is $500 per year, payable in monthly installments of $125 from January through May of each year. Franchisees are required to attend annual training conferences and seminars as specified by Best Brains. However, the FDD states that Best Brains will refund the full $500 if the franchisee attends the annual conference.

This payment schedule means that franchisees must budget for this fee at the beginning of each year. The refund policy incentivizes attendance at the annual conference, which Best Brains likely uses to provide updates, training, and networking opportunities.

It is important for prospective franchisees to factor this fee and the potential for a refund into their financial planning. Franchisees should also inquire about the location and dates of the annual conference to estimate travel costs and ensure they can attend to receive the refund.

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.