When are the Costs and Attorneys’ Fees due for a Bevaris Alliance franchise?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee | Amount | Due Date | Remark s |
|---|---|---|---|
| Third Party | Up to $500 per quarter. | Upon invoice. | |
| Quality Assurance | |||
| Audit Fee | |||
| Technology Fee | Will vary under circumstances | As incurred. | Fee for any software licenses used in the ordinary course of business. |
| Franchise Portal | Up to $250 per month. | As incurred. | Fee for Franchise Portal. |
| Fee | (see Note 6) | ||
| Convention Fee | Travel fees and out of pocket expenses but no attendance fee (suggested cost up to $500 per day). | As incurred. | |
| Indemnity | Will vary under circumstances. | As incurred. | You have to reimburse us if we are held liable for claims arising from your Branded Business’s operations. |
| Noncompliance Fee | A $100.00 fee per occurrence. | As incurred | Fee for noncompliance with the Franchise Agreement clause 7. |
| Product or supplier evaluation fee | No fee. | Upon completion of evaluation. | Due if the product or supplier is not approved. |
| Costs and Attorneys’ Fees | Will vary under circumstances. | As incurred by you. | Payable to your attorney for any legal work done to assist you. |
Source: Item 6 — OTHER FEES (FDD pages 8–10)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, the Costs and Attorneys’ Fees will vary under the circumstances and are due as incurred by the franchisee. These fees are payable to the attorney for any legal work done to assist the franchisee.
This means a prospective Bevaris Alliance franchisee should budget for ongoing legal expenses related to setting up and running the franchise. The amount will depend on the complexity and amount of legal assistance required. It is important for franchisees to maintain open communication with their attorney to understand the scope and cost of the legal work being performed.
Unlike some other fees that might be paid to the franchisor on a set schedule, these costs are paid directly to the franchisee's own attorney as legal services are rendered. This arrangement is typical in franchising, as franchisees need independent legal counsel to review the franchise agreement and advise them on their rights and obligations.