factual

Does the Brain Balance franchisee have to pay a registration fee for the annual convention?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

FRANCHISEE shall be required to attend and pay a registration fee for COMPANY's Annual convention. The cost of registration will vary depending on the program, the number of speakers, and the contribution of sponsors. The travel, lodging, and food costs will be in addition to the registration fee, but these costs may be discounted and/or subsidized by COMPANY. Fees will be transferred to FRANCHISOR via ACH.

Source: Item 22 — CONTRACTS (FDD pages 70–72)

What This Means (2025 FDD)

According to Brain Balance's 2025 Franchise Disclosure Document, franchisees are required to attend the annual convention and pay a registration fee. The cost of this registration can vary, depending on factors such as the program offered, the number of speakers, and the contributions from sponsors. This means a Brain Balance franchisee must budget for this expense annually.

In addition to the registration fee, franchisees are also responsible for covering their own travel, lodging, and food costs associated with attending the convention. However, the FDD indicates that Brain Balance may offer discounts or subsidies to help offset these additional expenses. Franchisees should inquire about the availability and extent of such support when planning their attendance.

Fees for the annual convention are transferred to Brain Balance via ACH (Automated Clearing House). This means the franchisee must authorize Brain Balance to debit their bank account for the registration fee. This is part of a broader agreement where Brain Balance can debit the franchisee's account for all payments due under the franchise agreement. Franchisees should be aware of this payment method and ensure they have sufficient funds available when the fees are due.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.