How much notice will Boulder Designs give a franchisee of an increase to the monthly Technology Fee?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
Note 5. Franchisor may provide you 10 days' notice of any increase to the then-current monthly Technology Fee.
Source: Item 6 — OTHER FEES (FDD pages 11–16)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, franchisees will receive 10 days' notice before any increase to the monthly Technology Fee. The Technology Fee is currently $65 per month but can increase to $175 per month. Boulder Designs reserves the right to increase the fee each calendar year by an amount not to exceed 10% of the prior year's fee.
This means that Boulder Designs franchisees should be aware that the Technology Fee can fluctuate, but they will receive a short notice period before any increase is implemented. The 10-day notice provides a brief window for franchisees to adjust their budgets or business strategies in response to the change.
Franchisees should factor in potential Technology Fee increases when projecting their operating costs. While the FDD specifies a maximum annual increase of 10%, franchisees should still be prepared for incremental changes to this monthly fee. Staying informed about these potential adjustments will help franchisees manage their finances effectively and avoid surprises.