How does a Goldfish Swim School franchisee pay the Brand Fund contribution?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
We may require that all fees payable to us be paid through an electronic depository transfer account.
Source: Item 6 — OTHER FEES (FDD pages 17–21)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School Franchise Disclosure Document, the document does not specify a particular method for franchisees to pay the Brand Fund contribution. However, it does state that Goldfish Swim School may require that all fees payable to them be paid through an electronic depository transfer account.
While the FDD does not explicitly state that the Brand Fund contribution must be paid via electronic depository transfer, it does state that Goldfish Swim School may require all fees to be paid this way. It is important to note that the Brand Fund contribution is considered a fee.
A prospective Goldfish Swim School franchisee should confirm with the franchisor whether the Brand Fund contribution must be paid via electronic depository transfer, or if other payment methods are accepted. Understanding the accepted payment methods is crucial for managing cash flow and ensuring timely payments to remain in good standing with the franchisor.