Under what conditions can Best In Class Education Center discontinue the Brand Fund?
Best_In_Class_Education_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
The Brand Fund is not a trust. We have no fiduciary obligations or liability to you with respect to our administration of the Brand Fund. Once established, we may discontinue the Brand Fund on 30 days' notice.
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 Franchise Disclosure Document, Best In Class Education Center can discontinue the Brand Fund by providing franchisees with 30 days' notice. The Brand Fund is not considered a trust, and Best In Class Education Center does not have any fiduciary obligations or liability to franchisees regarding its administration.
This means that Best In Class Education Center has the right to stop the Brand Fund with a relatively short notification period. As a result, franchisees need to be aware that the marketing and support they receive from the Brand Fund could be altered or terminated if Best In Class Education Center chooses to discontinue it.
It is important for prospective franchisees to consider this when evaluating the franchise opportunity, as the Brand Fund plays a role in promoting public awareness of the brand and improving the overall system. Franchisees should inquire about the circumstances under which Best In Class Education Center might consider discontinuing the Brand Fund and what alternatives would be provided to support marketing and system development.