Who is the affiliate of Best In Class Education Center that franchisees can purchase BCP-LMS from?
Best_In_Class_Education_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
nology Systems from approved or designated suppliers. We currently require you to license our proprietary BCP-LMS from our affiliate, LBIS. You must also license and use QuickBooks Online.
Inventory
All inventory (i.e., educational materials) must be obtained exclusively from LBIS through BCP-LMS. The cost for these materials is included as part of the BCP-LMS Monthly Fee you pay to LBIS. However, you are responsible for the cost to print the materials.
Signage
All exterior signage must meet our standards and specifications and be purchased from suppliers we designate or approve.
Marketing Materials and Services
All marketing materials must comply with our standards and requirements. We must approve your marketing materials prior to use. You must purchase branded marketing materials only from us or other suppliers we designate or approve.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 19–22)
What This Means (2025 FDD)
According to the 2025 Best In Class Education Center Franchise Disclosure Document, franchisees are required to license the proprietary BCP-LMS from LBIS, an affiliate of Best In Class Education Center. LBIS is also the exclusive supplier of the educational materials franchisees acquire through the BCP-LMS. Hao Lam, an officer of Best In Class Education Center, owns an interest in LBIS.
During the fiscal year ending December 31, 2024, LBIS generated $192,617.91 in revenue from franchisee purchases or leases. This revenue figure indicates the financial relationship between Best In Class Education Center's affiliate and its franchisees.
Best In Class Education Center may designate themselves or an affiliate as an approved or designated supplier for other goods or services in the future, which could further expand the role of affiliated entities in the supply chain and potentially increase revenue generated from franchisees. Franchisees should be aware of these existing relationships and the potential for new ones to be established.