factual

Is a Brain Balance franchisee required to attend the annual convention, and is there a registration fee?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

6.11. Annual Convention

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 registration cost can vary based on factors such as the program, the number of speakers, and sponsor contributions.

In addition to the registration fee, franchisees are responsible for covering their own travel, lodging, and food costs associated with attending the convention. However, the FDD notes that Brain Balance may offer discounts or subsidies to help offset these expenses. Fees for the annual convention are transferred to Brain Balance via ACH (Automated Clearing House) agreement.

This mandatory convention attendance is fairly common in franchising, as it allows Brain Balance to communicate important updates, provide additional training, and foster a sense of community among franchisees. The varying registration fee means franchisees should budget accordingly and inquire about potential discounts to manage costs effectively.

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.