What is the maximum monthly Franchise Portal fee for a Bevaris Alliance franchise?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
6: OTHER FEES**
| 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. |
Source: Item 6 — OTHER FEES (FDD pages 8–10)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, the maximum monthly Franchise Portal fee is $250. This fee is incurred as you use the Franchise Portal. The Franchise Portal fee covers access to the Bevaris Alliance's online platform, which likely includes resources, tools, and support systems to help franchisees manage their businesses.
It's important to note that Bevaris Alliance retains the right to increase this fee above $250 per month, but they are obligated to provide written notification to the franchisee beforehand. This provides some level of transparency and allows franchisees to anticipate potential cost increases. Franchisees should clarify with Bevaris Alliance the specific services and resources included within the Franchise Portal to fully understand the value received for this fee.
Franchise portal fees are relatively common in the franchise industry, as they help franchisors maintain and improve the technology and support systems offered to franchisees. Prospective franchisees should inquire about the historical trends in this fee, how it is calculated, and what specific benefits the portal provides to justify the cost.