We understand that every year there are deadlines that you have to make to keep your franchise current and in compliance. We want to help you with some of those tasks to free up more of your time. We're offering a monthly service that includes the following items.
A standard annual audit as required by the FTC for your FDD.
Annual FDD updates with attorney review.**
We will help you update your FDD as you grow. Any material updates MUST be made to your FDD before and new disclosures are done.
Continuing consulting services as requested.
File Organization of your Franchise Disclosure Document (FDD) versions, Franchise Agreement
(FA) versions and signed agreements.
Because the audit and annual FDD updates are a substantial cost for us we require an initial fee of $300 per month for each month past February each year through January 1 to include the next years Audit and annual FDD Update. For example, if you sign up in July your initial cost will be $1,500 for the five months past February (5 X $300 = $1,500).
For the services provided by Fran Metrics, the rate is $500 per month. If Fran Metrics is currently preforming any franchisor related services in regard to your Franchise Agreement, FDD, Operations Manuals or Sales/Recruitment Process we will reduce this amount to $400 per month.
*Complex audits may require addition funds to be paid directly to the Auditor. **Attorney’s fee for such services for your benefit will be charged at the time as a pass-through of a certain portion of the fees paid by you to Fran Metrics under this Agreement. Initial Fee and Monthly Service Charge are non refundable.