How are fees paid to Best Brains?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
- Note 2 All fees are uniformly imposed by, collected by and payable to us via EFT and are non-refundable.
You must complete the ACH Authorization Form attached as Schedule 3 to the Franchise Agreement when you enter into the Franchise Agreement with us.
- Note 3 All specified fees, contributions and dollar amounts referred to in the franchise agreement may be increased from time to time by us, but in no event more than once during any fiscal year of ours, to reflect increases in the Metropolitan Area Consumer Price Index for Urban Consumers - All Items (1982-1984 = 100) ("Consumer Price Index") from the date of the franchise agreement, as published by the U.S.
Department of Labor, or in a successor index.
The initial increase will be based solely on any increase of the Consumer Price Index from and after July 1, 2011.
Any such increase will be uniform as to all BEST BRAINS learning center franchisees.
- Note 4 We normally collect fees from clients on your behalf and then disburse the appropriate funds to you less any Royalty Fees, Brand Development Fund, or other amounts that you may owe us.
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, all fees are uniformly imposed, collected, and payable to Best Brains via EFT (Electronic Funds Transfer) and are non-refundable. Franchisees must complete the ACH Authorization Form, which is attached as Schedule 3 to the Franchise Agreement, when they enter into the Franchise Agreement with Best Brains.
Best Brains normally collects fees from clients on the franchisee's behalf and then disburses the appropriate funds to the franchisee, less any Royalty Fees, Brand Development Fund contributions, or other amounts that the franchisee may owe Best Brains. This system streamlines the payment process, ensuring that Best Brains receives its due fees while also simplifying financial transactions for the franchisee.
It's important to note that Best Brains may increase specified fees, contributions, and dollar amounts referred to in the franchise agreement from time to time, but no more than once during any fiscal year. These increases are tied to the Metropolitan Area Consumer Price Index for Urban Consumers - All Items (1982-1984 = 100), as published by the U.S. Department of Labor. The initial increase will be based solely on any increase of the Consumer Price Index from and after July 1, 2011. Any such increase will be uniform as to all Best Brains learning center franchisees.