What was the increase for fees received for the 2023 Card My Yard conference?

According to Card My Yard's 2025 Franchise Disclosure Document, the increase for fees received for the 2023 conference was $7,300. This figure reflects the change in revenue specifically attributed to conference fees from the previous year. It's important to note that this is not the total revenue from the conference, but rather the increase or growth in revenue compared to the previous period.

For a prospective Card My Yard franchisee, this information provides insight into the brand's conference revenue trends. While a single year's increase doesn't tell the whole story, it can be compared to increases in other revenue streams, such as initial franchise fees or boutique sales, to understand the relative importance of conferences to Card My Yard's overall financial performance. A franchisee might want to investigate further to understand what drives these increases, such as increased attendance, higher registration fees, or additional offerings at the conference.

It's also worth noting that franchisees are typically required to attend these conferences and pay a registration fee, as detailed elsewhere in the FDD. Therefore, the conference fee revenue is directly linked to franchisee participation. Understanding the value and content of these conferences becomes important for franchisees, as they represent both a cost (the registration fee and travel expenses) and an opportunity for training, networking, and potentially contributing to the growth of the Card My Yard system.