What is the name of the form attached as Schedule 3 to the Best Brains Franchise Agreement?

According to Best Brains' 2025 Franchise Disclosure Document, Schedule 3 of the Best Brains Franchise Agreement is the ACH Authorization Form. This form likely authorizes Best Brains to make Automated Clearing House (ACH) transfers to collect payments from the franchisee's bank account.

This is a standard practice in franchising, as it allows for efficient and timely collection of fees and payments. Franchisees should carefully review the ACH Authorization Form and understand the terms and conditions before signing. This includes knowing the amounts and frequency of payments that will be debited from their account.

Specifically, the FDD states in section 3.2 that "Franchisee agrees that all costs will be reimbursed via ACH transfer, as detailed in Schedule 3 of the Best Brains Franchise Agreement." This indicates that the ACH form is used to handle cost reimbursements to Best Brains. Franchisees should ensure they understand what costs are subject to reimbursement and how these will be calculated.

Prospective franchisees should also confirm with Best Brains the procedures for modifying or canceling the ACH authorization, as well as any associated fees or penalties. Understanding these details upfront can help avoid potential disputes or misunderstandings later on.