How is interest earned on monies contributed to the Deck Medic National Advertising Fund used?

According to Deck Medic's 2024 Franchise Disclosure Document, all interest earned on monies contributed to the National Advertising Fund will be used to pay the costs of the National Advertising Fund before other assets of the National Advertising Fund are expended.

This means that any interest accrued on the advertising fund is prioritized to cover the fund's expenses. This benefits franchisees because it ensures that the principal contributions are preserved and used effectively for advertising and marketing purposes. By using the interest first, Deck Medic aims to maximize the impact of the advertising fund and potentially reduce the need for additional contributions from franchisees.

Deck Medic also states that a summary statement of monies collected and costs incurred by the National Advertising Fund for the franchisor's immediately preceding fiscal year shall be made available to the franchisee upon the franchisee's written request. This provides transparency to the franchisees, allowing them to see how the advertising funds are being managed and utilized.