factual

To whom does a Best In Class Education Center franchisee pay the technology fee?

Best_In_Class_Education_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

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; and (c) 1% of Special Program Sales Sum of: (a) Monthly Student User Fees (up to $180/ student/ subject/month – currently $96); (b) 2% of Gross Sales minus Enrichment Sales; and (c) 1% of Special Program Sales Us or Affiliate
QuickBooks $50 to $80 $600 to $960 Third-Party

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, franchisees pay the monthly technology fees to the franchisor, Best In Class Education Center, for software, technology, and related services. These services include one email account and a license to Google suite products. The technology fee can be up to $200 per month (currently $100), plus $10 for each additional email address exceeding one. Annually, this could amount to up to $2,400 (currently $1,200), plus $120 per additional email address.

In addition to the technology fee, franchisees also pay BCP-LMS Monthly Fees to LBIS for the use of BCP-LMS. These fees are calculated as the sum of monthly student user fees (up to $15 per student per subject per month, currently $8), 2% of Gross Sales minus Enrichment Sales, and 1% of Special Program Sales.

Franchisees also pay between $50 to $80 monthly for QuickBooks to a third-party licensor. It is important to note that these fees and the recipients are subject to change, so franchisees should stay updated with the latest information provided by Best In Class Education Center.

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.