When is the Dryer Vent Squad annual conference attendance fee due?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of (Note 1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Annual Conference Attendance (Note 10) | Our then current conference fee, but not greater than $1,500. Currently not assessed. | When invoiced | Applies to conference fee for an annual System conference. |
Source: Item 6 — OTHER FEES (FDD pages 16–21)
What This Means (2024 FDD)
According to the 2024 Dryer Vent Squad Franchise Disclosure Document, the annual conference attendance fee is due when invoiced. The conference fee will not exceed $1,500. Currently, Dryer Vent Squad is not assessing this fee.
Dryer Vent Squad franchisees are required to attend the annual conference, which can last up to five days. Franchisees are responsible for covering all travel and lodging expenses associated with attending the conference. Even if a franchisee chooses not to attend the annual conference, Dryer Vent Squad retains the right to charge the annual conference attendance fee.
Understanding the timing of fee payments is crucial for franchisees to manage their cash flow effectively. While the annual conference attendance fee is not currently assessed, franchisees should be prepared for the possibility of this fee being implemented in the future. It is important to note that Dryer Vent Squad reserves the right to charge the fee even if a franchisee does not attend the conference.