What is the deadline for Caring Transitions franchisees to pay the Technology Fee each month?
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 by the fifth day of each month. This fee covers Internet marketing, web hosting, search engine optimization, email addresses, and other technology tools provided or developed by Caring Transitions.
New Caring Transitions franchisees typically begin paying the Technology Fee starting on the fifth day of the third month after completing their initial training. However, there are exceptions to this rule. Franchisees who previously operated a Caring Transitions franchise under an agreement effective at least six months earlier, or those who acquired their territory from another franchisee, are required to pay the Technology Fee immediately.
Caring Transitions retains the right to increase the Technology Fee, but they must provide franchisees with 30 days' written notice before any such increase takes effect. This ensures franchisees have advance warning of any changes to their monthly expenses. It is important for prospective franchisees to factor in this ongoing Technology Fee when assessing the overall cost of investing in a Caring Transitions franchise.