When will Bumper Man disburse the remaining balance of invoiced amounts to the franchisee after deductions?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
Each month, Franchisor will invoice Customers serviced by Franchisee for the Designated Services and any Products provided. Each month, after deduction of all appropriate fees and charges, including without limitation (i) the Continuing Service Fee; (ii) any note payments; (iii) Transfer Fee; (iv) charge-backs on invoices that are disputed by the Customer, inaccurate, incomplete or pastdue; (v) any advances made to Franchisee by Franchisor; and (vi) Non-Reported Designated Services Fees, Franchisor will disburse to Franchisee the remaining balance of invoiced amounts for the preceding month on the 1st and 16th days of the following month. In the event the 1st or 16th day of the month falls on a Saturday or Sunday, Franchisor will disburse such funds to Franchisee on the following Business Day.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to Bumper Man's 2025 Franchise Disclosure Document, franchisees will receive the remaining balance of invoiced amounts after certain deductions. Each month, Bumper Man will invoice customers for services and products provided by the franchisee. After deducting fees and charges, Bumper Man will disburse the remaining balance to the franchisee on the 1st and 16th days of the following month.
These deductions include the continuing service fee, note payments, transfer fees, charge-backs on disputed invoices, advances made to the franchisee, and non-reported designated services fees. If the 1st or 16th of the month falls on a weekend (Saturday or Sunday), Bumper Man will make the disbursement on the following business day.
This disbursement schedule is important for franchisees to understand for cash flow management. Franchisees need to be aware of all potential deductions that will be taken from their invoiced amounts before receiving their balance. Knowing the exact timing of these disbursements, and the potential for delays due to weekends, allows franchisees to plan their finances accordingly.