For Bevaris Alliance, does 'Franchise Software' include Global Payment Services (GPSpay)?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
lopment Costs at December 31, 2023 and 2022 are presented as follows:
| 2023 | 2022 | |
|---|---|---|
| Deferred franchise development costs | $ 73,279 | $ 73,279 |
| Less - accumulated amort |
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
Based on the 2024 Franchise Disclosure Document, it is not possible to determine whether Bevaris Alliance's 'Franchise Software' includes Global Payment Services (GPSpay). The provided excerpts do not mention the specific components of the Franchise Software or whether it integrates with any particular payment processing services like GPSpay. The FDD does mention credit card processing, noting that the company maintains a credit card with a credit limit of $20,000 and an interest rate of 25.99% per annum.
To clarify this, a prospective Bevaris Alliance franchisee should ask the franchisor for a detailed description of the 'Franchise Software,' including its functionalities and integrations. Specifically, they should inquire whether the software includes or integrates with Global Payment Services (GPSpay) or any other payment processing systems. Understanding the software's capabilities and any associated costs is crucial for managing the business effectively.
Furthermore, it would be prudent to ask about any required or recommended payment processing services, their associated fees, and whether franchisees have the option to choose their own payment processing providers. This information will help in assessing the overall technology costs and operational requirements of the Bevaris Alliance franchise.