What methods of payment does Learningrx accept for fees and royalties?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee may not deduct any credit card or debit card processing fees from Gross Revenue.
Cash income reports from the accounting software, without any deductions for any fees due to collection method, are used to calculate the royalty amounts due each month.
Source: Item 23 — RECEIPT (FDD pages 54–209)
What This Means (2025 FDD)
Based on the 2025 Learningrx Franchise Disclosure Document, while it does not explicitly state the methods of payment Learningrx accepts for fees and royalties, it does state that franchisees may not deduct any credit card or debit card processing fees from Gross Revenue. This implies that Learningrx may accept credit card and debit card payments.
Cash income reports from the accounting software, without any deductions for any fees due to collection method, are used to calculate the royalty amounts due each month. This suggests that Learningrx uses cash income reports from accounting software to calculate royalty amounts due each month.
To gain a comprehensive understanding of acceptable payment methods, a prospective Learningrx franchisee should directly inquire with the franchisor about all acceptable payment methods for fees and royalties, including policies for cash, checks, electronic transfers, or other potential options.