What is the estimated initial cost for the required computer systems for a Deka Lash franchise?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
e FAC operates through the unincorporated Franchise Advisory Council Bylaws. We have the right to form, change, or dissolve the FAC at any time.
Computer Systems:
We require you to have an internet connection, email, and a laptop or desktop computer. We recommend an Apple iMac or MacBook. We require a minimum of two iPads or other tablets as specified by us at each studio. You must use the studio software we specify, which may include customer scheduling, online booking, reporting, and a Point of Sale/Credit Card application. We may change the computer hardware or software (including the point-of-sale software, studio software) at any time and we reserve the right to require you to convert to the new system at your expense. We also require that you use QuickBooks Online for your financial record keeping.
These items can be purchased for approximately $2,000- $5,000. Neither we nor our affiliates or any third party have any obligation to provide ongoing maintenance, repairs, upgrades or updates. You must maintain your computer systems in good working order and must replace, update or upgrade your hardware systems
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 32–40)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, the estimated initial cost for the required computer systems ranges from $2,000 to $5,000. Deka Lash requires franchisees to have an internet connection, email, a laptop or desktop computer (recommending an Apple iMac or MacBook), and a minimum of two iPads or other specified tablets. Franchisees must also use specified studio software for customer scheduling, online booking, reporting, and point of sale/credit card applications, as well as QuickBooks Online for financial record keeping.
Deka Lash may change the required computer hardware or software at any time, and franchisees are responsible for the cost of converting to any new systems. Franchisees are also responsible for maintaining their computer systems in good working order and for any necessary replacements, updates, or upgrades. The FDD estimates the annual cost of optional or required maintenance, updates, upgrades, or support contracts to be approximately $1,000.
This means a prospective Deka Lash franchisee should budget between $2,000 and $5,000 for the initial purchase of computer systems, plus an additional $1,000 annually for maintenance and potential upgrades. It is important to note that these costs can change if Deka Lash updates its technology requirements. The franchisee bears the risk of these technology changes and the associated costs.