What happens if a Best Brains franchisee does not attend the annual conference?
Best_Brains Franchise · 2025 FDDAnswer 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' 2025 Franchise Disclosure Document, franchisees are required to attend annual training conferences and seminars. The franchisee agrees that Best Brains can charge an annual conference fee of $500 per year, which is paid in installments of $125 per month from January to May. However, if the franchisee attends the annual conference, Best Brains will refund the full $500.
Therefore, if a Best Brains franchisee does not attend the annual conference, they will not receive a refund of the $500 annual conference fee. In effect, the franchisee will have paid $500 for the option to attend the conference, even if they did not attend.
This policy incentivizes franchisees to attend the annual conference, as attendance results in a full refund of the fee. Franchisees should factor this mandatory fee and potential for reimbursement into their operating budget and business decisions.