What is the maximum Annual Conference Attendance Fee that Deck Medic may charge?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
programs that we designate.
Note 9: Annual Conference Attendance Fee – If we offer a franchisee annual conference in a given year you will be required to attend the conference on the dates and at the location that we designate. You will be responsible for all travel and lodging expenses. We may charge you an annual conference fee in an amount not exceeding $1,000 (the "Annual Conference Attendance Fee"). We reserve the right to charge the Annual Conference Attendance Fee to those franchisees that do not attend. We will not require your attendance at an annual conference for more than five da
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, the maximum Annual Conference Attendance Fee is $1,000. Deck Medic franchisees are required to attend the annual conference on the dates and at the location the franchisor designates. Franchisees are responsible for all travel and lodging expenses associated with attending the conference.
Deck Medic reserves the right to charge the Annual Conference Attendance Fee to franchisees who do not attend the conference. However, Deck Medic will not require attendance at an annual conference for more than five days during any calendar year.
This fee is intended to cover the costs associated with organizing and hosting the annual conference. It is important for prospective franchisees to factor in this cost, along with travel and lodging expenses, when budgeting for their franchise operations. Franchisees should also inquire about the frequency and location of these conferences to better estimate the potential costs.