What is the current Bookkeeping Services Fee for a Canopy Lawn Care franchisee, and how is it paid?
Canopy_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
chisee's records shall include tax returns, daily reports, statements of Gross Revenues, profit and loss statements, sales tax information and balance sheets. Franchisee is required to exclusively use the bookkeeping services that Franchisor designates, which may be provided by Franchisor or its affiliates. If provided by Franchisor or its affiliates, Franchisee would be required to pay the then-current bookkeeping services fee ("Bookkeeping Services Fee"), which would be paid at the same time and in the same manner as the Royalty Fees. As of the date of this Agreement, the Bookkeeping Services Fee is $350 per month, but Franchisor may increase it at any
time upon notice to Franchisee to be up to $500 per month. The Bookkeeping Services Fee covers up to 5 hours of bookkeeping assistance per month; however, if Franchisee requires more than 5 hours of bookkeeping assistance per month, then Franchisor will charge Franchisee $55 per hour for additional assistance, which Franchisor may increase at any time upon notice to Franchisee to be up to $100 per hour of additional assistance. However, if Franchisee currently operates a similarly situated franchised business that uses a bookkeeping service, Franchisee may provide Franchisor with a written request to continue using such bookkeeping service.
Source: Item 22 — CONTRACTS (FDD page 55)
What This Means (2025 FDD)
According to Canopy Lawn Care's 2025 Franchise Disclosure Document, franchisees are required to use the bookkeeping services that Canopy Lawn Care designates, which may be provided by Canopy Lawn Care or its affiliates. The current Bookkeeping Services Fee is $350 per month, but Canopy Lawn Care can increase it to $500 per month with notice. This fee is paid at the same time and in the same manner as the Royalty Fees.
The Bookkeeping Services Fee covers up to 5 hours of bookkeeping assistance each month. If a franchisee needs more than 5 hours of assistance, Canopy Lawn Care will charge $55 per hour for the additional time, and this rate can also be increased to $100 per hour with notice.
However, if a franchisee already uses a bookkeeping service for a similar franchised business, they can request to continue using their current service. Canopy Lawn Care has the sole discretion to grant or deny this request. This provides some flexibility for franchisees who have existing relationships with bookkeeping services.