factual

How is the Casiola Sales CRM fee collected?

Casiola Franchise · 2024 FDD

Answer from 2024 FDD Document

account by ACH or other means we designate.
Property Management System (PMS) Currently $40 per month, per active rental property and subject to increase Monthly on the first Thursday of each month Monthly license for property management system. Payable to us or supplier as we designate.
Sales CRM Currently $49 per month, per user and subject to increase Monthly on the first Thursday of each month Will be pre-deducted from Gross Sales received by us from customers of the Franchised Business, or, if applicable, automatically deducted from your bank account by ACH or other means we designated.

Source: Item 6 — OTHER FEES (FDD pages 12–18)

What This Means (2024 FDD)

According to Casiola's 2024 Franchise Disclosure Document, the Sales CRM fee, which is currently $49 per month per user (subject to increase), is collected monthly on the first Thursday of each month. Casiola will either pre-deduct the fee from Gross Sales received from customers of the Franchised Business or, if applicable, automatically deduct it from the franchisee's bank account via ACH or other designated means.

This means that as a Casiola franchisee, you should anticipate this monthly charge and ensure funds are available either in your Gross Sales or bank account, depending on the collection method Casiola chooses to implement. The fee covers the monthly license for the property management system.

It is important to note that Casiola has the discretion to change the collection method and can increase the fee amount. Therefore, franchisees should stay informed of any changes to avoid payment issues. The FDD also mentions that franchisees must use pre-authorized payment, point of sale, credit card processing, automatic payment, automated banking, electronic debit and/or electronic funds transfer systems that Casiola designates, and must pay all service charges and fees charged by their bank for electronic debits.

Disclaimer: This information is extracted from the 2024 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.