How is the optional payroll supplier fee determined for a Bombs Away franchise?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee | Amount | Due Date | Remarks | ||
|---|---|---|---|---|---|
| Currently, $30-$100 | We require you to use certain software as | ||||
| per staff member, | described in Item 11. You pay | ||||
| per month; also | subscription/technology fees directly to | ||||
| fees paid to | us. | ||||
| suppliers: $35 up to | |||||
| 5 vehicles per month | |||||
| or $8/vehicle/mo for | |||||
| GPS tracking, | |||||
| $25/month for single | |||||
| user for phone | |||||
| system paid; $25 per | |||||
| background check; | |||||
| $25/month | |||||
| Quickbooks Online; | |||||
| optional payroll | |||||
| supplier fee | |||||
| $80based on | |||||
| number of | |||||
| employees |
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, the optional payroll supplier fee is $80, based on the number of employees. This fee is listed under Item 6, which details various other fees a franchisee might encounter.
This means that if a Bombs Away franchisee chooses to use the optional payroll supplier, they will pay $80, with the total amount dependent on how many employees they have. It is important to note that this fee is optional, giving franchisees the flexibility to choose their own payroll solutions if they prefer.
Franchisees should consider the cost-effectiveness and convenience of using the Bombs Away's optional payroll supplier versus managing payroll independently or using another service. It's also important to confirm with Bombs Away whether this fee is subject to change and to understand the specific services included in the payroll support.