How will Dermani Medspa franchisees remit payments to Dermani Medspa, as defined by 'EFT'?

According to Dermani Medspa's 2025 Franchise Disclosure Document, franchisees are required to remit all payments due to Dermani Medspa via electronic funds transfer, which is defined as 'EFT'. This is explicitly stated in the definitions section of the document.

This requirement means that franchisees will not be able to make payments via traditional methods such as check or cash. Instead, they must set up a system for electronic transfers from their business bank account to Dermani Medspa's account. This is a fairly standard practice in franchising, as it allows for efficient and timely payment processing.

Franchisees should ensure they understand the procedures for setting up and executing electronic funds transfers, including any associated fees or security measures. It is also important to clarify with Dermani Medspa the specific account details and any required payment schedules to avoid late fees or other penalties. This payment method applies to all payments due during the term of the Franchise Agreement.