factual

Are incidental expenses for Counselor Realty training fees a fixed amount?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

. At your request, Counselor will provide you and up to two of your key personnel initial training (the amount of such initial training shall be as determined by Counselor) at a "Counselor" office or other location designated by Counselor, at any mutually convenient time. At your request, Counselor will provide supplemental initial and/or ongoing training for you and/or your key personnel at a "Counselor" office or other location designated by Counselor, at any mutually convenient time. You must pay Counselor a fee for training (including initial training) in the amount of $175 per trainer per hour. In addition, you must pay all travel, living and incidental expenses you and your employees, and our trainers, incur in connection with training, which Counselor estimates could range from $0 (if you and our trainers do not have to travel to attend training) to $750 per person per day. The exact amount of the fees and costs are unknown and may vary depending upon factors, such as third-party vendors selected. You and your employees will not be paid by Counselor during trainin

Source: Item 6 — OTHER FEES (FDD pages 9–13)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, incidental expenses for training are not a fixed amount. The FDD states that franchisees must cover all travel, living, and incidental costs for themselves, their employees, and Counselor Realty's trainers related to training. These expenses are estimated to range from $0 to $750 per person per day, depending on travel requirements and other variables. The exact amount can fluctuate based on factors such as the vendors selected.

This means a prospective Counselor Realty franchisee should budget for potentially significant expenses beyond the $175 per hour training fee. The wide range suggests that costs could be minimal if training occurs locally with no travel required, but could escalate quickly if travel and accommodation are necessary. This variability introduces uncertainty into the initial investment and ongoing operational costs.

It is important to note that franchisees and their employees will not be paid by Counselor Realty during training, adding to the overall cost. This is a fairly standard practice in the franchise industry, where franchisees are generally responsible for covering their own training-related expenses. Prospective franchisees should inquire about the typical duration and location of training to better estimate these potential costs and factor them into their financial projections.

Disclaimer: This information is extracted from the 2025 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.