How can a Best Brains franchisee obtain a copy of the Brand Development Fund report?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
An unaudited report of the receipts and disbursements of the Brand Development Fund will be prepared annually and will be made available to you upon written request.
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, an unaudited report of the receipts and disbursements of the Brand Development Fund will be prepared annually. A Best Brains franchisee can obtain a copy of this report by submitting a written request to the company.
The Brand Development Fund is used for advertising and marketing programs, with Best Brains having sole discretion over the creative concepts, materials, and placement of advertisements. The fund aims to maximize public recognition of the Best Brains brand for the benefit of all franchisees. However, Best Brains is not obligated to ensure that expenditures in a specific market are proportionate to a franchisee's contributions, nor is there a guarantee that any franchisee will directly benefit from the marketing programs.
Best Brains manages the Brand Development Fund separately from its other funds and can use it to cover reasonable salaries, administrative costs, and overhead related to the fund's administration, advertising, and marketing activities. The company is authorized to spend more or less than the aggregate contributions from all Best Brains businesses in any fiscal year. The fund may also borrow or invest money to cover deficits or surpluses.
Best Brains also has the right to suspend or terminate the Brand Development Fund after providing 30 days' prior written notice to franchisees. If the fund is terminated, any unspent monies will be distributed to the company, its affiliates, and franchisees in proportion to their contributions to the fund during the preceding twelve-month period. Best Brains can reinstate the fund under the same terms and conditions with 30 days' prior written notice.