Does Bevaris Alliance provide information on state taxes?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
| SECTION A: INTRODUCTION | SECTION B: PRE-OPENING PROCEDURES |
|---|---|
| WELCOME LETTER FROM THE FOUNDER1 | PRE-OPENING CHECKLIST |
| HISTORY OF BEVARIS ALLIANCE3 | Pre-Opening Checklist ◀ |
| THE BEVARIS PROMISE4 | ESTABLISHMENT OF BUSINESS FORM |
| SERVICES PROVIDED TO BEVARIS ALLIANCE | EQUIPMENT AND SMALLWARES |
| FRANCHISEES5 | INITIAL INVENTORY |
| Initial Training ◀5 | LOGO AND SIGNAGE SPECIFICATIONS |
| Ongoing Training and Support ◀5 | Business Cards and Letterhead ◀ |
| Use of Trademarks 45 | Signage Requirements < |
| Approved Suppliers ◀6 | GUIDELINES FOR USING BEVARIS ALLIANCE MARKS |
| Advertising Materials and Sales Aids ◀6 | OBTAINING REQUIRED LICENSES AND PERMITS |
| Corporate Website 46 | Health Department Regulations ◀1 |
| Management and Operations Advice ◀7 | SETTING UP BANK ACCOUNTS1 |
| Ongoing Research and Development ◀7 | Accounts to Open ◀1 |
| Franchisee Advisory Councils ◀7 | PROCURING REQUIRED INSURANCE POLICIES 1 |
| RESPONSIBILITIES OF BEVARIS ALLIANCE FRANCHISEE | MEETING YOUR TAX OBLIGATIONS1 |
| AND STAFF8 | Employer Identification Number ◀1 |
| Responsibilities to Customers ◀8 | Federal Taxes ◀1 |
| Responsibilities to Your Associates ◀8 | State Taxes ◀1 |
| Responsibilities to the Franchisor ◀9 | CONDUCTING A GRAND OPENING1 |
| Responsibilities to Other Franchisees ◀9 | |
| VISITS FROM THE CORPORATE OFFICE10 | SECTION C: DAILY OPERATING PROCEDUR |
| PAYING OTHER FEES11 | SUGGESTED HOURS OF OPERATION |
| Annual Meeting ◀11 | DAILY ROUTINES |
| Transfer Fee ◀11 | Daily Routines-Management ◀ |
| Renewal Fee ◀11 | Associate Daily Duties ◀ |
| Late Payment Fee 411 | CUSTOMER SERVICE PROCEDURES |
| Interest <11 | Bevaris Alliance Customer Service Philosophy ◀ |
| Management Fee ◀12 | Providing Excellent Customer Service ◀ |
| Technology Fee ◀12 | Signs of Customer Dissatisfaction ◀ |
| Costs and Attorneys' Fees ◀12 | Obtaining Customer Feedback 4 |
| Insurance Fees ◀12 | Handling Customer Complaints ◀ |
| Technology Maintenance and Upgrades ◀12 | SERVING STUDENTS1 |
| Mystery Shopper Fee ◀12 | Using your POS System to Enter Orders ◀1 |
| Indemnification ◀13 | Transacting Sales ◀1 |
| RECOMMENDED RESOURCES14 | BUSSING PROCEDURES (IF APPLICABLE)1 CATERING PROCEDURES1 |
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to the 2024 Bevaris Alliance Franchise Disclosure Document, the franchise provides some information on state taxes. Specifically, in Section B, which outlines pre-opening procedures, there is a checklist that includes "MEETING YOUR TAX OBLIGATIONS" with a sub-item for "State Taxes." This indicates that Bevaris Alliance franchisees will receive some guidance regarding their state tax responsibilities as part of the pre-opening process.
Additionally, the FDD mentions that while the company itself does not pay federal income taxes, it may be subject to a minimum tax in California. The document states, "Although the State of California follows Subchapter S of the Internal Revenue Code with respect to taxation of individuals on Company earnings, it also imposes a minimum tax of 1.5% on Company earnings." This highlights that state tax obligations can vary and that Bevaris Alliance franchisees operating in California will need to be aware of this specific tax requirement.
While the FDD mentions state taxes, it does not provide exhaustive details on the specific tax laws and regulations in each state where Bevaris Alliance franchises operate. Prospective franchisees should consult with a qualified tax advisor to ensure they fully understand their state tax obligations and how they apply to their individual circumstances. The information provided by Bevaris Alliance should be considered a starting point, and franchisees should take responsibility for staying informed about all applicable tax laws.