factual

How are contributions to the Deck Medic Advertising Cooperative maintained and administered?

Deck_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

All contributions to the Advertising Cooperative shall be maintained and administered in accordance with the documents governing the Advertising Cooperative.

The Advertising Cooperative shall be operated solely for the purpose of collection and expenditure of the Advertising Cooperative's fees for the purpose set forth in this Article 9.C.;

  • (7) No marketing materials, plans, or media may be used by the Advertising Cooperative or its members without the prior written approval of Franchisor;

  • (8) Deck Medic Businesses owned by Franchisor and/or Franchisor's affiliates that are located within the geographic area of the designated Advertising Cooperative are not required to make contributions to the Advertising Cooperative; and

(9) The Advertising Cooperative must comply with the rules and regulations established by Franchisor in the Operations Manual which may be modified by Franchisor from time to time.

Source: Item 23 — RECEIPTS (FDD pages 43–228)

What This Means (2024 FDD)

According to Deck Medic's 2024 Franchise Disclosure Document, if a franchisee's Deck Medic Business or Operating Territory is within the geographic area of an Advertising Cooperative, they must participate in and contribute to it. The contributions are maintained and administered according to the documents governing the Advertising Cooperative itself. Franchisees must also submit statements and reports as required by the Advertising Cooperative and approved by Deck Medic.

The Advertising Cooperative is operated solely to collect and spend fees for the purposes outlined in Article 9.C of the franchise agreement, which likely details specific advertising and marketing activities. All marketing materials, plans, and media used by the Advertising Cooperative or its members require prior written approval from Deck Medic. Deck Medic has the right to authorize, establish, designate, and de-authorize a local or regional advertising cooperative within markets that Deck Medic designates.

Deck Medic also has the right to designate any geographic area in which two or more Deck Medic Business franchises are located as a region for establishing an Advertising Cooperative. Deck Medic Businesses owned by Deck Medic and/or its affiliates within the designated Advertising Cooperative area are not required to contribute to the cooperative. The Advertising Cooperative must also comply with rules and regulations established by Deck Medic in the Operations Manual, which Deck Medic can modify.

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.