Can the Caring Transitions Franchisor change the payment designation for the National Branding Fund?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
- (d) Franchisee shall contribute to the national Fund by electronic funds transfer payable to "Caring Transitions National Branding Fund" or such other designation as Franchisor may from time to time prescribe.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, the franchisor can change the payment designation for the National Branding Fund. Specifically, franchisees must contribute to the national fund via electronic funds transfer, payable to "Caring Transitions National Branding Fund" or such other designation as Caring Transitions may prescribe from time to time.
This means that Caring Transitions retains the right to modify where franchisees send their National Branding Fee payments. This provides Caring Transitions with flexibility in managing the fund and its accounts.
For a prospective franchisee, this implies that the payment destination could change during the term of the franchise agreement. Franchisees should pay close attention to any notices from Caring Transitions regarding changes to payment procedures to ensure timely and correct payments to avoid late fees or other penalties.