For Dermani Medspa, who establishes the schedule of fees and charges for professional services?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
ARTICLE VI. BILLING AGENT AGREEMENT
- 6.01. Professional and Other Fees. In order to accurately bill Practice's clients, Practice with Manager's assistance shall establish a schedule of fees and charges for the Professional Services. Practice agrees that any schedule of fees and charges is subject to approval by Manager only to the extent necessary to ensure Manager is able to administer the schedule of fees and charges.
- 6.02. Billings. Billings of Practice for all services rendered by Practice shall be by and in the name of Practice. Practice will use the name "[Enter Name]" or a similar name in its billings.
- 6.03. Billing and Collection Agent. Subject to the provisions of this Agreement, and until Practice otherwise directs in writing, Manager shall serve as collection agent for Practice in connection with client, responsible party and insurance billing of Practice. Manager shall maintain accurate accounting of all collected fees generated from Practice as well as payment of Practice expenses, including Manager's Administrative Fee. Said processing shall consist of establishing and maintaining a book account for Practice showing all fee collections and expense disbursements made by Manager on Practice's behalf. Manager shall provide Practice with financial statements for Practice reflecting such processing. All decisions regarding the collection or collectability of accounts receivable, the establishment and maintenance of the depository account described herein, and control over the financial accounts of Practice shall rest with Practice and Manager's sole role and responsibility shall be to act as agent for and at the direction and control of Practice with respect to such matters.
6.04. Reports. Manager shall provide Practice, weekly, monthly, and annually, with financial statements for Practice.
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to the 2025 Dermani Medspa FDD, the Practice, with the Manager's assistance, establishes the schedule of fees and charges for professional services. The Practice refers to the professional corporation, professional limited liability company, or other professional entity permitted by law in the franchisee's state to operate the Medspa. The Manager's approval is required to the extent necessary to ensure the Manager can administer the schedule of fees and charges.
Billings for all services rendered by the Practice must be in the name of the Practice, using the name "[Enter Name]" or a similar name. The Manager serves as the collection agent for the Practice in connection with client, responsible party, and insurance billing, maintaining accurate accounting of all collected fees and Practice expenses, including the Manager's Administrative Fee.
Ultimately, all decisions regarding the collection of accounts receivable, the establishment and maintenance of depository accounts, and control over the financial accounts of the Practice rest with the Practice. The Manager's role is solely to act as an agent for and at the direction and control of the Practice with respect to such matters. The Manager is required to provide the Practice with weekly, monthly, and annual financial statements.