When is coaching fee revenue due for a Brain Balance franchise?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
Coaching fee revenue is due after the coaching is provided and is invoiced net 30.
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, coaching fee revenue is due after the coaching is provided. Brain Balance invoices these fees with payment terms of net 30. This means payment is expected within 30 days of the invoice date.
For a prospective Brain Balance franchisee, this indicates that you will need to manage your cash flow to accommodate this payment schedule. You will not be required to pay for coaching fees upfront; instead, you'll be billed after the services are rendered. This could be beneficial for managing your initial investment and operational costs.
However, it's important to factor in this 30-day payment window when forecasting your expenses and revenue. Ensure you have sufficient funds to cover these coaching fees within the stipulated timeframe to avoid any late payment penalties or disruptions in service. Understanding these payment terms is crucial for maintaining a healthy financial relationship with Brain Balance.