Under what conditions can My Salon Suite dissolve the Brand Building Fund?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
We may dissolve the Brand Building Fund upon written notice (Sections 8.G. and 9.C. of the Franchise Agreement).
- G.
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 42–53)
What This Means (2025 FDD)
According to the 2025 My Salon Suite FDD, the Brand Building Fund can be dissolved by My Salon Suite. The FDD states that My Salon Suite has the authority to dissolve the Brand Building Fund.
My Salon Suite can dissolve the Brand Building Fund upon written notice to franchisees. This gives My Salon Suite the flexibility to discontinue the fund if they deem it necessary.
As a prospective franchisee, it's important to understand that My Salon Suite has the right to dissolve the Brand Building Fund, which could impact the marketing and advertising support you receive. While the fund is in place, franchisees must contribute to it, with the current contribution being $200 per month, but My Salon Suite reserves the right to increase this up to 2% of monthly Gross Revenues. Franchisees should consider the potential implications of the fund's dissolution on their business and marketing strategies.