Under what condition will Best Brains refund the annual conference fee to a franchisee?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
orization Form attached as Schedule 3 to the Franchise Agreement when you enter into the Franchise Agreement with us. We normally collect fees from clients on your behalf and then disburse the appropriate funds to you less any Royalty Fees, Brand Development Fund contributions, or other amounts that you may owe us. We may vary payment timing and procedures in the Operations Manual.
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- **Application of Pay
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, franchisees are charged $125 per month from January through May, totaling $625, for an annual conference fee. Best Brains will refund this amount to the franchisee if they attend the annual conference. The conference is a national business meeting for franchisees, lasting up to three days, and is held at a location selected by Best Brains.
This policy encourages franchisees to attend the annual conference, which Best Brains likely views as a valuable opportunity for training, networking, and disseminating important information. By refunding the conference fee upon attendance, Best Brains incentivizes participation and ensures that franchisees are actively engaged in the Best Brains system.
Franchisees should be aware that while the conference fee is refundable upon attendance, they are still responsible for covering their own transportation, lodging, and other expenses associated with attending the conference. Therefore, franchisees should factor these additional costs into their budget when deciding whether to attend the annual conference.