Under what circumstances will the Technology Fee for a Bevaris Alliance franchise vary?
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 Technology Fee will vary under certain circumstances. This fee is incurred as needed and covers any software licenses used in the ordinary course of business. The FDD does not specify the exact factors that cause the Technology Fee to vary, only that it is not a fixed amount.
As a prospective franchisee, it is important to understand what could cause the Technology Fee to fluctuate. Software needs and usage can change over time, impacting the overall cost. The fee is paid as incurred, suggesting it is directly tied to the franchisee's actual use of licensed software.
To gain clarity, a potential Bevaris Alliance franchisee should ask the franchisor for a detailed explanation of the circumstances that would cause the Technology Fee to vary. Understanding the variables that influence this fee will help in budgeting and financial planning. It would be prudent to inquire about the types of software licenses required, the potential range of costs, and whether the fee is subject to change based on usage, number of users, or other factors.