factual

What does the monthly Technology Fee for a Best In Class Education Center franchise cover?

Best_In_Class_Education_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

As further detailed in Item 6 you pay: (a) monthly technology fees to us for certain software, technology and related services that we (or our affiliate) provide (currently 1 email account and a license to Google suite products); and (b) BCP-LMS Monthly Fees to LBIS for use of BCP-LMS. The table below identifies the ongoing fees and costs you pay for software, technology, Apps, subscriptions and related services (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; 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
Online** Licensor

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 monthly technology fee covers certain software, technology, and related services provided by Best In Class Education Center or its affiliate. Currently, this includes one email account and a license to Google suite products.

The technology fee is up to $200 per month (currently $100), with an additional $10 charge for each extra email address exceeding one. Annually, this could amount to up to $2,400 (currently $1,200) plus $120 per additional email address. This fee is paid directly to Best In Class Education Center.

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. QuickBooks is another ongoing cost, ranging from $50 to $80 monthly, paid to a third party.

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.