Who determines the payment schedule for the technology fee for a Buona franchise?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
The technology fee shall be paid at times, in the manner, and in amounts as designated by the Franchisor.
Franchisor will give Franchisee at least sixty (60) days' prior notice before Franchisor before changing the amount of the technology fee.
Source: Item 23 — RECEIPTS (FDD pages 78–356)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the franchisor determines the payment schedule for the technology fee. The FDD states that the technology fee shall be paid at the times, in the manner, and in amounts designated by Buona.
Buona also has the right to change the amount of the technology fee, but they must provide the franchisee with at least sixty days' prior notice before doing so. This allows the franchisee time to adjust their budget and plan for the change in expenses.
It is important for prospective franchisees to understand that Buona has significant control over the technology fee, including its amount, payment schedule, and how the funds are used. Franchisees should inquire about the current technology fee, how it is calculated, and how it has changed over time to better understand this ongoing expense.