How much notice will Better Blend provide before changing the Technology Fee?

According to Better Blend's 2024 Franchise Disclosure Document, Better Blend may change the Technology Fee after providing at least 30 days' notice to franchisees. This fee is charged in exchange for software and other technology-related services and products provided by or through Better Blend.

This means that Better Blend franchisees will receive a minimum of 30 days' warning before any adjustments to the Technology Fee take effect. This advance notice allows franchisees time to adjust their budgets and business plans accordingly. The Technology Fee does not have to be a pass-through of Better Blend's exact costs.

The FDD also states that the Technology Fee will not exceed $500 per month. However, Better Blend retains the right to increase this limit to account for inflation from January 1, 2022. This clause protects Better Blend from the rising costs of providing technology services, while also setting a clear expectation for franchisees regarding the potential maximum fee amount.

It is important for prospective franchisees to understand that Better Blend may add, remove, or alter the software or technology products or services that it provides. Franchisees should inquire about the specific technology services covered by the fee and how changes to those services might impact their business operations.