factual

Does the summary of receipts and expenditures provided by the Regional Advertising Committee to Counselor Realty franchisees include administrative expenses?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

Upon your request, your Regional Advertising Committee will provide you annually a summary of receipts

and expenditures of your Regional Advertising Group, including the Regional Advertising Committee's administrative expenses (if any).

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 17–21)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, the summary of receipts and expenditures provided to franchisees by the Regional Advertising Committee will include administrative expenses, if any. Specifically, upon a franchisee's request, the Regional Advertising Committee will provide an annual summary of the receipts and expenditures of the Regional Advertising Group. This summary will include any administrative expenses incurred by the Regional Advertising Committee.

This means that Counselor Realty franchisees have the right to request and receive a detailed breakdown of how the Regional Advertising Group is spending its money. This transparency allows franchisees to see if the advertising fees they are paying are being used effectively and efficiently. The inclusion of administrative expenses in the summary ensures that franchisees have a complete picture of the Regional Advertising Group's financial activities.

It is important to note that the provision of this summary is contingent upon the franchisee making a request. Therefore, franchisees who wish to stay informed about the financial operations of the Regional Advertising Group must take the initiative to ask for the summary annually. This level of transparency is beneficial for franchisees, as it allows them to monitor the use of their advertising fees and hold the Regional Advertising Committee accountable for its financial decisions.

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.