What is the amount Better Blend charges for any aspect of your business which is not in compliance with system specifications?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| $500 per instance | On demand | We may charge you $500 for any aspect | |
| of your business which is not in | |||
| compliance with our system specifications | |||
| or the franchise agreement and you fail to | |||
| correct the non-compliance after 30 days’ | |||
| notice. Thereafter, we may charge you | |||
| $250 per week until you correct such non- | |||
| compliance. |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, if a franchisee's business is not in compliance with Better Blend's system specifications or the franchise agreement, the franchisee will be charged a fee. The initial fee is $500 per instance, which is due on demand.
If the franchisee fails to correct the non-compliance after receiving a 30-day notice, Better Blend may charge an additional $250 per week until the non-compliance is corrected. This ongoing charge can add up quickly and significantly impact a franchisee's profitability if compliance issues are not addressed promptly.
This policy incentivizes Better Blend franchisees to adhere to the brand's standards and operational guidelines. It also provides Better Blend with a mechanism to enforce compliance and recover costs associated with addressing any deviations from the system standards. Franchisees should ensure they fully understand and comply with all system specifications and franchise agreement terms to avoid incurring these fees.