When Bonchon makes a call, to how many decimal places is it billed, and how is the final amount rounded?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
Precision - each call is billed to two decimal places and rounds the billed amount for each call up to the nearest whole cent.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, each call is billed to two decimal places. The billed amount for each call is then rounded up to the nearest whole cent. This billing practice applies to all Bonchon locations unless specified otherwise in the individual Service Location listing within the Usage Rates sub-section.
For a prospective Bonchon franchisee, this means that while call costs are calculated precisely to two decimal places, the final charge will always be rounded up. This could lead to slightly higher phone expenses over time, especially with a high volume of calls. Franchisees should factor this rounding practice into their budgeting and cost analysis for telecommunication services.
It's important for franchisees to review the Usage Rates sub-section for any location-specific exceptions to this billing practice. Additionally, franchisees should carefully monitor their phone bills to ensure accurate application of these rates and rounding rules. Understanding these billing details can help franchisees manage their expenses effectively and avoid unexpected costs.