What is the amount of the Technology Fee that a Caring Transitions franchisee must pay?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
monthly to weekly, biweekly, or such other period as Franchisor designates.
- 5.7 Technology Fee. Franchisee shall pay, to Franchisor or a designated third-party, a Technology Fee of $250 by the fifth day of each month, for Internet marketing, web hosting, search engine optimization, email addresses, and other technology tools mandated, provided, or developed by Franchisor. Franchisee shall be required to pay the Technology Fee beginning on the fifth day of the third month following the month in which Franchisee or the Designated Individual completes the initial training program required by Section 7.1, unless (1) Franchisee has operated a franchise under another franchise agreement with an effective date at least six months earlier than the Effective Date; or (2) Franchisee acquired the Territory from another Caring Transitions franchisee, in which case the Fee is required immediately. We r
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, franchisees are required to pay a Technology Fee of $250 each month. This fee is due by the fifth day of each month and covers various technology-related services. These services include Internet marketing, web hosting, search engine optimization, email addresses, and other technology tools that Caring Transitions mandates, provides, or develops.
The Technology Fee payment starts on the fifth day of the third month following the completion of the initial training program. However, there are a couple of exceptions to this rule. Franchisees who previously operated another Caring Transitions franchise under an agreement effective at least six months earlier, or those who acquired their territory from an existing franchisee, are required to pay the fee immediately.
It's important to note that Caring Transitions retains the right to increase the Technology Fee. They must provide franchisees with 30 days' written notice before implementing any such increase. This means that while the initial fee is set at $250, franchisees should be prepared for potential adjustments to this monthly expense.