What is the relationship between the Boulder Designs Technology Fee and the System technology?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
h month | | | Name of Fee | Amount1 | Due Date | Remarks | |-------------------------------------------|-----------------------------------------------------------------------------------------------------------|---------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | Technology Fee5 | Currently $65 per month, but up to $175 per month. We reserve the right to increase each calendar year by an amount not to exceed 10% of the prior year's fee. | Monthly | For the development and use of online and System technology, including but not limited to internet, website, email, intranet/extranet, and communications technologies, some of which may be implemented in t
Source: Item 6 — OTHER FEES (FDD pages 11–16)
What This Means (2025 FDD)
According to Boulder Designs's 2025 Franchise Disclosure Document, the Technology Fee is directly related to the development and use of the franchise's online and System technology. This fee, which is currently $65 per month but can increase to $175 per month, covers various technological aspects of the business. Boulder Designs reserves the right to increase the Technology Fee each calendar year by up to 10% of the prior year's fee.
The Technology Fee encompasses a range of technologies, including internet, website, email, intranet/extranet, and communications technologies. It is important to note that some of these technologies may be implemented in the future, suggesting that the technological infrastructure of the franchise is subject to ongoing development and enhancement.
For a prospective Boulder Designs franchisee, this means that a portion of their monthly expenses will be allocated to maintaining and improving the technological systems that support the business. While the initial fee is relatively modest, the potential for annual increases should be factored into long-term financial planning. Franchisees should also inquire about the specific technologies currently in use and planned for future implementation to fully understand the value they are receiving for this fee.