If an audit determines funds are owed, what must a Deka Lash franchisee immediately pay?

According to Deka Lash's 2024 Franchise Disclosure Document, if an audit determines that a franchisee owes funds, the franchisee must immediately pay all Royalty Fees, Brand Development Fees, late payment charges, and interest on the owed funds.

This means that Deka Lash has the right to audit a franchisee's financial records, and if the audit reveals any underpayment of required fees, the franchisee is obligated to rectify the discrepancy without delay. This immediate payment requirement covers not only the initially underpaid amounts but also any associated late payment charges and interest that have accrued.

This policy ensures that Deka Lash can promptly collect any outstanding dues from franchisees, maintaining financial stability and adherence to the franchise agreement. Franchisees should maintain accurate and transparent financial records to avoid audit-related issues and ensure timely payments of all fees to Deka Lash.