factual

What is the 'Annual Conference Attendance Fee' for a Deer Solution franchise?

Deer_Solution Franchise · 2025 FDD

Answer from 2025 FDD Document

reement and Guaranty, Lease Agreement Rider, Collateral Assignment of Lease and the Assignment of Telephone Numbers and Digital Media Accounts, as said agreements, individually and/or collectively, may have been entered into between the foregoing parties.

  • "Annual Conference Attendance Fee" refers to and means an annual conference fee to be paid by Franchisee to Franchisor in an amount determined by Franchisor but not to exceed $1,500 annually.
  • "Annual System Conference" refers to and means a conference that may be established and organized by Franchisor for the purpose of facilitating networking among Deer Solution Business franchisees, and general education. Franchisor shall designate and determine whether or not an Annual System Conference shall occur and, if one is established in any particular year, the dates, content, and location of the Annual System Conference. The Annual System Conference shall be for a duration of not more than three consecutive days per calendar year. Franchisee is responsible for all costs and expenses associated with Franchisee's travel to and attendance at the Annual System Conference.
  • "Approved Services and Products" shall have the meaning defined in the "Recitals" section of this Agreement and shall further refer to and mean refers to and means those products and services that Franchisor authorizes for sale by Deer Solution Businesses.

Source: Item 23 — RECEIPTS (FDD pages 55–246)

What This Means (2025 FDD)

According to Deer Solution's 2025 Franchise Disclosure Document, franchisees are required to pay an Annual Conference Attendance Fee. While attendance at the Annual System Conference is not mandatory, Deer Solution franchisees must still pay the Annual Conference Attendance Fee, even if they do not attend, unless Deer Solution waives the fee for those who attend.

The purpose of the Annual System Conference is to facilitate networking among Deer Solution franchisees and provide general education. Deer Solution determines whether the Annual System Conference will occur in any given year, as well as the dates, content, and location. The conference will last no more than three consecutive days per calendar year. Franchisees are responsible for all costs and expenses associated with travel to and attendance at the Annual System Conference.

The Annual Conference Attendance Fee will not exceed $1,500 annually. This fee, if applicable, may be pre-deducted by Deer Solution from the franchisee's Gross Sales, at Deer Solution's election. This means that even if a franchisee chooses not to attend the conference, they are still obligated to pay this fee, which could impact their profitability.

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.