What is the maximum monthly fee for the Franchise Portal 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, franchisees may be charged up to $250 per month for access to the Franchise Portal. This fee is incurred as services are utilized. The Franchise Portal fee covers access to the Franchise Portal.
It is important to note that while the FDD specifies a maximum monthly fee of $250, Bevaris Alliance retains the right to modify this fee. Should the Franchise Portal Fee exceed $250 per month, Bevaris Alliance is obligated to provide written notification to the franchisee regarding the change.
Prospective franchisees should consider this monthly fee as part of their ongoing operational expenses. It is advisable to inquire with Bevaris Alliance about the specific services included within the Franchise Portal and how these services contribute to the overall efficiency and profitability of the franchise. Understanding the value derived from the portal will help in assessing the reasonableness of the fee.