What do the Caring Senior Service technology fees cover?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
hnology Fee
You shall pay to us a non-refundable monthly Technology Fee, currently equal to One Thousand Forty Five Dollars ($1,045) per month but which we reserve the right to increase on written notice to you ("Technology Fee"). The Technology Fee is payable to us on the second Friday following completion of the two (2) week period in which Gross Billings and Royalty Fees are calculated that includes the 1st day of the month by electronic funds transfer, or such other method we designate. If the scheduled software lease payment due date is not a business day, then payment shall be due on the next business day. This Technology Fee is 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 as determined by us in our discretion. Technology Fee amounts may be used, for example, for intranet development, support, maintenance, and related costs; software or application development, customization, and implementation; online, internet, or digital related support; hardware and/or software support; and other such technologically-related activities as we may determine from t
Source: Item 23 — RECEIPTS (FDD pages 53–204)
What This Means (2025 FDD)
According to Caring Senior Service's 2025 Franchise Disclosure Document, franchisees must pay a non-refundable monthly technology fee. As of the FDD date, this fee is $1,045 per month, but Caring Senior Service retains the right to increase it with written notice. This fee is due on the second Friday following the two-week period in which gross billings and royalty fees are calculated that includes the 1st day of the month. Payment is to be made via electronic funds transfer or another method designated by Caring Senior Service.
The technology fee grants franchisees a continuing license to use required software in connection with their Caring Senior Service business. It also covers certain software and technology-related costs, as determined by Caring Senior Service. These costs may include intranet development, support, and maintenance; software or application development, customization, and implementation; online, internet, or digital-related support; hardware and/or software support; and other technologically related activities.
For a prospective Caring Senior Service franchisee, this means budgeting for a significant ongoing technology expense. While the fee provides access to essential software and support, the franchisee should be aware that Caring Senior Service has the discretion to allocate these funds and can increase the fee with written notice. It is important to understand how these technology resources will directly benefit the franchisee's business operations and what level of support they can expect for this monthly fee.