factual

What are the components of the BCP-LMS Monthly Fees for a Best In Class Education Center franchise?

Best_In_Class_Education_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

(including software, technology and related services covered by the technology fee):

COMPUTER SYSTEM – ONGOING FEES AND COSTS
Item Fee (Monthly) Fee (Annual) To Whom Paid?
Technology Fee Up to $200 (currently $100) plus $10 per extra email address in excess of 1 Up to $2,400 (currently $1,200) plus $120 per email address in excess of 1 Us
BCP-LMS Monthly Fees* Sum of: (a) Monthly Student User Fees (up to $15/ student/ subject/month – currently $8); (b) 2% of Gross Sales minus Enrichment Sales;

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 24–32)

What This Means (2025 FDD)

According to the 2025 Best In Class Education Center FDD, the BCP-LMS Monthly Fees consist of three components: Monthly Student User Fees, a percentage of Gross Sales minus Enrichment Sales, and a percentage of Special Program Sales. The Monthly Student User Fees can be up to $15 per student per subject per month, but is currently $8. Additionally, franchisees must pay 2% of their Gross Sales (minus Enrichment Sales) and 1% of Special Program Sales. These fees are paid to Best In Class Education Center or an affiliate.

These fees cover the use of the BCP-LMS system, which is essential for managing various aspects of the center's operations, including student registration, performance tracking, and access to educational materials. The BCP-LMS also provides features such as self-scheduling and billing for parents, along with real-time metrics and reports.

As the Monthly Student User Fees are calculated per subject, the total BCP-LMS fees will vary depending on student enrollment and the number of subjects each student takes. The franchisee should also note that the Monthly Student User Fees are subject to change, potentially impacting the overall cost of the BCP-LMS. Franchisees should carefully consider these ongoing technology costs when evaluating the financial viability of a Best In Class Education Center franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.