On what days of the month will Bumper Man disburse amounts collected for bumper repair services?

According to Bumper Man's 2025 Franchise Disclosure Document, franchisees will receive payments for their bumper repair services on the 1st and 16th of each month. These disbursements cover services provided during the previous month. The amount disbursed will be the total collected from invoices submitted by the franchisee, less the Continuing Service Fee and any other outstanding amounts owed to Bumper Man under the Franchise Agreement.

This disbursement schedule means that franchisees need to manage their cash flow carefully, as there can be a delay between providing the service, submitting the invoice, and receiving payment. Franchisees should also be aware that the disbursement is subject to deductions for fees owed to Bumper Man, which could impact the actual amount received. Accurate and timely invoice submission is crucial to ensure prompt payment.

It is important for prospective franchisees to understand the invoice processing procedures outlined in the Bumper Man manual. Franchisees are responsible for the accuracy of their invoices, and Bumper Man is not obligated to verify them independently. If a customer fails to pay, Bumper Man may attempt to collect the past due amount, but the franchisee ultimately bears the responsibility for ensuring customer payment. This highlights the importance of selecting creditworthy customers and managing accounts receivable effectively.