What is the payment schedule for the Best Brains Annual Conference Fee?
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's 2025 Franchise Disclosure Document, the Annual Conference Fee is $500 per year. However, this fee is not paid in one lump sum. Instead, it is paid in installments of $125 per month from January through May of each year.
It's important to note that attendance at annual training conferences and seminars is required by Best Brains. The FDD states that Best Brains can charge franchisees this fee. However, there is a significant benefit: if a franchisee attends the annual conference, Best Brains will refund the full $500.
This arrangement could be seen as an incentive for franchisees to attend the annual conference. By paying the fee in installments and then receiving a full refund upon attendance, Best Brains ensures that franchisees are financially motivated to participate in these training events. This is a fairly common practice in franchising, where franchisors emphasize ongoing training and development to maintain brand standards and improve franchisee performance.