What is Attachment 3 related to for Big Frog Custom T Shirts More franchisees?

According to Big Frog Custom T Shirts More's 2024 Franchise Disclosure Document, Attachment 3 pertains to the Authorization Agreement for ACH Withdrawals. This agreement likely outlines the terms and conditions under which Big Frog Custom T Shirts More is authorized to make Automated Clearing House (ACH) withdrawals from the franchisee's bank account.

For a prospective franchisee, this means they will need to agree to allow Big Frog Custom T Shirts More to directly debit their account for various fees and payments. This is a fairly standard practice in franchising, as it ensures timely payment of royalties, advertising fees, or other ongoing financial obligations.

Before signing the agreement, a franchisee should carefully review the terms to understand the frequency, amounts, and conditions under which these withdrawals will occur. It is also important to understand the process for disputing any unauthorized or incorrect withdrawals and what recourse the franchisee has in such situations. Understanding the details of the Authorization Agreement (ACH Withdrawals) is essential for managing the financial aspects of the Big Frog Custom T Shirts More franchise.