What costs does the Boulder Designs Technology Fee cover?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
ranchisor has the right to increase this fee at Franchisor's discretion upon providing Franchisee 30 days' notice of their intent to increase to the current monthly Technology Fee.
The Technology Fee will cover Franchisor's cost of providing BOULDER DESIGN franchisees technology and other technical resources, including, without limitation, certain internet resources, website, email, intranet address, software, and other technology to facilitate Franchisee's operation of the Franchised Business. The parties acknowledge and agree that the technological environment is rapidly changing and that it is difficult to anticipate the cost of developing, acquiring, implementing, and licensing Internet and communications technologies that may benefit franchisees of the System. Each calendar year, the Technology Fee shall increase automatically by an amount not to exceed 10% of the prior year's Technology Fee. Franchisee agrees to pay the Technology Fee according to the terms prescribed by the Franchisor.
In addition, Franchisor requires Franchisee to purchase, through an approved supplier, the approved point of sale system ("POS").
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the Technology Fee covers the franchisor's costs of providing franchisees with technology and technical resources. These resources include internet resources, a website, email, an intranet address, software, and other technologies designed to facilitate the operation of the franchised Boulder Designs business.
It is important to note that the technological environment is rapidly changing, making it difficult to anticipate the costs of developing, acquiring, implementing, and licensing internet and communication technologies. To account for this, the Technology Fee will increase automatically each calendar year by an amount not exceeding 10% of the prior year's Technology Fee.
In addition to the Technology Fee, Boulder Designs franchisees are required to purchase an approved point-of-sale (POS) system through an approved supplier. Franchisees are responsible for any ongoing upgrades or updates to the POS, ongoing maintenance packages, and computer and software packages after installation. The computer system and/or POS must be dedicated to the Boulder Designs business and used for no other purpose.