How does a Boulder Designs franchisee submit payment for the Marketing Fee?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor has sole discretion to determine and change the method by which Franchisee pays to Franchisor amounts due to Franchisor under this Agreement, which may include collecting payments through Franchisee's billing and collection agent. Currently, Franchisor requires all Royalty Fees and other amounts due from Franchisee to Franchisor to be paid either (a) through an Electronic Depository Transfer Account
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the method for a franchisee to pay amounts due to Boulder Designs, including the Marketing Fee, is determined and can be changed at Boulder Designs' sole discretion. Currently, Boulder Designs requires all Royalty Fees and other amounts due to be paid either through an Electronic Depository Transfer Account.
This means that a prospective Boulder Designs franchisee should expect to make payments via electronic transfer, though the specific method could change during the term of the agreement. It is important to note that Boulder Designs has the authority to determine and alter the payment method.
Franchisees should confirm the exact, up-to-date payment methods during the signing of their franchise agreement and stay informed of any changes communicated by Boulder Designs. Understanding the payment terms and potential changes is crucial for managing the financial obligations of the franchise.