What is the current referral fee paid by Deka Lash for prospective franchisee leads?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
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Referral Program. Currently, we pay a referral fee in the amount of $5,000 to franchisees, vendors and others who provide us with prospective franchisee leads that enter into a Franchise. This referral program is administered at our sole discretion and may be changed or discontinued by us at any time. The referral fee is further subject to change at any time. Those who are eligible to participate in this referral program and who may provide references to prospective franchisees are not acting as our agent and do not speak for us, despite the receipt of a referral fee. We do not control what these individuals may say, and we cannot guarantee the accuracy of any statement made by them, to you or any other prospective franc
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–11)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, the company currently offers a $5,000 referral fee to franchisees, vendors, and others who provide prospective franchisee leads that result in a signed franchise agreement. This incentive aims to encourage individuals within and outside the Deka Lash network to actively seek and refer potential new franchisees to the company.
It's important to note that this referral program is administered at Deka Lash's sole discretion, meaning the company reserves the right to change or discontinue the program at any time. The referral fee amount is also subject to change without notice. This implies that prospective franchisees should not rely solely on the referral program as a guaranteed source of income or assume its continued availability in its current form.
The FDD also clarifies that individuals participating in the referral program are not acting as agents of Deka Lash and do not have the authority to speak on behalf of the company. Deka Lash does not control what these individuals may say and cannot guarantee the accuracy of any statements they make to prospective franchisees. This is a standard disclaimer in franchise agreements, intended to protect the franchisor from liability for statements made by third parties.
Prospective franchisees should independently verify any information received from individuals participating in the referral program and rely on official information provided by Deka Lash in the Franchise Disclosure Document and through direct communication with the company's representatives. This ensures that they make informed decisions based on accurate and reliable information.