How does a Caring Senior Service franchisee pay the Marketing Fee?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
Except for the conference attendance fee, all fees are uniformly imposed and payable to us, unless otherwise noted, and are payable by electronic funds transfer/automatic debit from your operating account, unless we specify otherwise.
Source: Item 6 — OTHER FEES (FDD pages 12–17)
What This Means (2025 FDD)
According to the 2025 Caring Senior Service Franchise Disclosure Document, the Marketing Fee, along with most other fees, is typically paid via electronic funds transfer or automatic debit from the franchisee's operating account, unless Caring Senior Service specifies an alternative payment method. This is a standard practice in franchising, ensuring timely and consistent payments to the franchisor.
Caring Senior Service has the right to debit a franchisee's account for 120% of the most recently debited Royalty Fee and Marketing Fee if they cannot access the Gross Billings amount or if the franchisee fails to submit their Gross Billings report. Once the true Gross Billings are determined, Caring Senior Service will either debit the account for the balance owed or credit any excess amount against future debits.
It is important for prospective Caring Senior Service franchisees to understand the definition of "Gross Billings," which includes all amounts clients are obligated to pay for products and services, less sales taxes and authorized discounts, plus business interruption insurance proceeds. Accurate and timely reporting of Gross Billings is crucial to avoid any discrepancies in fee payments and potential penalties. Franchisees should maintain meticulous records of their financial transactions to ensure compliance with Caring Senior Service's reporting requirements.