To whom are required software payments made for a City Publications franchise?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Required Software5 | 500 - | As Arranged | As Incurred | Third Parties |
| 1,500 |
You must purchase a software license for Quickbooks as further described in ITEMS 8 and 11.
The cost of required software varies based on the number of licensed users.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–16)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, payments for required software are made to third parties. The estimated initial investment table shows that the cost for required software ranges from $500 to $1,500. This software license is for Quickbooks, as described in Items 8 and 11 of the FDD.
As a prospective franchisee, it is important to note that the cost of the required software can vary based on the number of licensed users. This means that if you plan to have multiple employees using the software, your initial investment could be higher. It is also important to confirm which version of Quickbooks is required and whether there are any ongoing subscription fees associated with the software.
Franchisees should budget accordingly and factor in the potential for additional software-related expenses. It would be prudent to inquire with City Publications about the specific software requirements and any approved vendors to ensure accurate budgeting and compliance with franchise standards. Understanding these costs upfront will help in making an informed decision about investing in a City Publications franchise.