factual

Is the Caring Senior Service technology fee calculated based on gross billings?

Caring_Senior_Service Franchise · 2025 FDD

Answer from 2025 FDD Document

Fee Amount Due Date Remarks
Technology Fee Currently, $1,045 per month Payable monthly on the second Friday following completion of the two-week billing period that includes the 1st of the month. This Technology Fee is in exchange for a continuing license to use the required software in connection with your Business, and also to be used in connection with certain software and technology related costs we may incur. Currently, the Technology Fee includes the cost for the QuickBooks Online subscription, third party tech support for franchisees, office phone systems used by franchisees, franchisee e-fax lines, and franchisees' license fees for the Microsoft suite of operating software. Payable by EFT. We reserve the right to increase this fee and change the services offered or provided. There is no limit on our ability to increase the Technology Fee as the total amount is dependent on third party software and technology providers and we have no control over their fee changes.

Source: Item 6 — OTHER FEES (FDD pages 12–17)

What This Means (2025 FDD)

According to Caring Senior Service's 2025 Franchise Disclosure Document, the technology fee is not calculated based on gross billings. The FDD states that the technology fee is currently $1,045 per month. This fee is payable monthly on the second Friday following completion of the two-week billing period that includes the 1st of the month.

The technology fee covers the franchisee's continuing license to use required software in connection with their Caring Senior Service business. It also covers certain software and technology-related costs incurred by Caring Senior Service. Currently, the technology fee includes the cost for the QuickBooks Online subscription, third-party tech support for franchisees, office phone systems used by franchisees, franchisee e-fax lines, and franchisees' license fees for the Microsoft suite of operating software.

It is important to note that Caring Senior Service reserves the right to increase the technology fee and change the services offered or provided. The FDD specifies that there is no limit on the ability to increase the technology fee, as the total amount depends on third-party software and technology providers, and Caring Senior Service has no control over their fee changes. This means that the franchisee should be prepared for potential increases in this monthly fee over time.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.