What are the local advertising requirements for a Ledgers franchise?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
Local Advertising. We do not impose any minimum local advertising requirements.
Advertising Fund. You agree to contribute 3% of your Gross Revenues into our Advertising Fund. Franchisor owned outlets do not have to contribute to the Advertising Fund, but may do so. We administer the Advertising Fund. The Fund is not audited. Unaudited financial statements of the Advertising Fund will be made available to you upon written request.
In our last fiscal year ending December 31, 2024, the Advertising Fund did not collect or spend any Advertising Fund Fees and there is no balance in the Advertising Fund.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 27–32)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, there are no minimum local advertising requirements. However, Ledgers does require franchisees to contribute 3% of their gross revenues to the Advertising Fund, though franchisor-owned outlets are not required to contribute.
The FDD states that franchisees can use their own advertising materials, but they must submit them to Ledgers for written approval. If approval is not received within 14 days of Ledgers receiving the materials, the advertising is considered disapproved. Ledgers also maintains control over digital marketing efforts, including the corporate website and social media.
For the fiscal year ending December 31, 2024, the Advertising Fund did not collect or spend any fees, and there was no balance in the fund. Ledgers may use the Advertising Fund to advise franchisees on advertising or conduct advertising themselves through various channels, but they are not required to spend any amount in the franchisee's specific area or territory.