What expenses are Ledgers franchisees responsible for when attending the Annual Convention?

According to Ledgers' 2025 Franchise Disclosure Document, either the franchisee or their Business Manager must attend the Annual Convention. While Ledgers does not charge an admission fee for the convention, the franchisee is responsible for covering all travel-related expenses. These expenses include lodging, meals, and transportation costs associated with attending the convention.

Additionally, Ledgers may require franchisees to purchase materials for use in their business at the Annual Convention. If such materials are required, the franchisee will be responsible for the cost of these materials. This means that franchisees need to budget not only for travel and accommodation but also for any mandatory materials they need to acquire during the event.

In summary, attending the Ledgers Annual Convention involves costs beyond just the time spent there. Franchisees must factor in travel, accommodation, meals, and potential material charges into their business expenses. This is a fairly standard practice in franchising, as conventions are often seen as valuable opportunities for training, networking, and staying updated on brand standards and best practices.