Who is responsible for the expenses of personnel attending the Dryer Vent Squad Annual System Conference?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
- (5) Annual Conference Attendance Fees Franchisee shall be responsible for all expenses of its personnel attending the Annual System Conference including travel, meals and lodging. Franchisee shall be required to pay to Franchisor an Annual Conference Attendance Fee. Franchisee agrees that if Franchisee fails to attend the Annual System Conference that Franchisor shall, nevertheless, charge and Franchisee shall pay the Annual Conference Attendance Fee – even if Franchisor waives such fee for franchisees who attend the Annual System Conference.
Source: Item 23 — RECEIPTS (FDD pages 51–207)
What This Means (2024 FDD)
According to Dryer Vent Squad's 2024 Franchise Disclosure Document, the franchisee is responsible for all expenses associated with their personnel attending the Annual System Conference. These expenses include travel, meals, and lodging.
In addition to covering these costs, the franchisee is also required to pay an Annual Conference Attendance Fee to Dryer Vent Squad. This fee's amount is determined by Dryer Vent Squad, but it will not exceed $1,500 annually.
It is important to note that even if a Dryer Vent Squad franchisee fails to attend the Annual System Conference, they are still obligated to pay the Annual Conference Attendance Fee. This applies even if Dryer Vent Squad waives the fee for franchisees who do attend the conference. This policy means franchisees must budget for this expense regardless of their attendance decision.