To whom do Best In Class Education Center franchisees pay the BCP-LMS Monthly Fee?
Best_In_Class_Education_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
$250 or (b) the sum of 12% of Gross Sales plus 12% of Affiliate Program Sales plus 6% of Special Program Sales generated during the prior month.
14.3. BCP-LMS Fees.
- (a) Systems Implementation Fee. Upon execution of this Agreement, you must pay LBIS a $2,000 fee for the initial setup and configuration of BCP-LMS at your Center.
- (b) BCP-LMS Monthly Fee. On each royalty fee due date, you agree to pay LBIS (or us, if we so instruct) a BCP-LMS Monthly Fee, which is calculated as the sum of: (i) 2% of the Gross Sales minus Enrichment Sales; (ii) 1% of Special Program Sales; and (iii) Monthly Student User Fees (calculated in accordance with §14.3(c) below).
- (c) Monthly Student User Fees.
Source: Item 23 — RECEIPT (FDD pages 47–204)
What This Means (2025 FDD)
According to the 2025 Best In Class Education Center Franchise Disclosure Document, franchisees are required to pay the BCP-LMS Monthly Fee to LBIS (or to Best In Class Education Center if so instructed). This fee is due on the same day as the royalty fee.
The BCP-LMS Monthly Fee is calculated as the sum of three components: 2% of Gross Sales minus Enrichment Sales, 1% of Special Program Sales, and Monthly Student User Fees. The Monthly Student User Fees are determined by multiplying a base fee by the total number of subjects taken by students enrolled at the Best In Class Education Center location.
This fee covers the licensing for the BCP-LMS, including all associated updates, maintenance, and support. LBIS has the right to require franchisees to sign a software or technology license agreement for the BCP-LMS and may also modify or discontinue the BCP-LMS at any time during the term of the franchise agreement.