factual

Must a Best Brains franchisee complete an ACH Authorization Form?

Best_Brains Franchise · 2025 FDD

Answer from 2025 FDD Document

You must complete the ACH Authorization Form attached as Schedule 3 to the Franchise Agreement when you enter into the Franchise Agreement with us.

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

What This Means (2025 FDD)

According to Best Brains's 2025 Franchise Disclosure Document, a franchisee must complete an ACH Authorization Form. This form, included as Schedule 3 to the Franchise Agreement, is a mandatory part of entering into the Franchise Agreement with Best Brains.

The requirement to complete the ACH Authorization Form indicates that Best Brains uses electronic funds transfer (EFT) for collecting fees. The FDD specifies that all fees are uniformly imposed, collected, and payable to Best Brains via EFT and are non-refundable. This means franchisees will likely need to authorize Best Brains to automatically debit their bank account for various fees.

This is a fairly standard practice in franchising, as it ensures timely and consistent payment of royalties and other fees. Franchisees should carefully review Schedule 3 and understand the terms of the ACH authorization, including the types of fees that will be debited, the frequency of payments, and the process for resolving any disputes related to EFT transactions.

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.