FabProfit System

Terms of Purchase and Use

Draft updated: September 17, 2026
Effective date: September 17, 2026

These Terms of Purchase and Use apply to the FabProfit System website, estimating training, community and included digital resources supplied by LST, trading as FabProfit System ("FabProfit", "we", "us" or "our"). "You" means the purchaser and, where relevant, the enrolled learner.

1. Who you are buying from

Legal seller

LST, trading as FabProfit System

Contact

Greg Sheldon

Business address

3922 Horace Dr.
Portland, ON K0G 1V0
Canada

Business telephone

613-813-3529

Email

gregwsheldon@gmail.com

Website: gregsheldon.github.io/fabprofit. Please contact Greg about purchases, access, community membership or refunds.

2. Your purchase and account

Review these terms and the order summary before completing your purchase. When you accept them at checkout, they form part of your agreement with us. If you buy on behalf of a business, you must have authority to do so. You must be legally able to enter into this agreement.

Provide accurate enrolment and billing information, keep your login secure and tell us if someone uses your account without permission. The standard purchase covers one named learner. Additional learners, team access and institutional use require a separate agreement. A company purchase does not automatically provide unlimited employee access.

Your order confirmation records the product, price, payment schedule and access terms you purchased. A separately agreed written team or service agreement controls any terms it specifically changes. We will not apply later website changes retroactively to reduce the rights attached to your existing purchase.

3. What is included and how it is delivered

The standard FabProfit System offer includes the estimating training, two bonus modules, the included workbooks and tools, and 12 months of community access from your initial enrolment date, as described on the sales and order pages when you buy.

Delivery is digital through Systeme.io and the download area. We provide account access instructions by email after your first successful payment. No physical product is shipped. If your access email does not arrive or access fails, contact Greg using the email address you used to enrol.

The training is self-paced. You need an internet connection, a supported browser and software capable of opening the supplied files. Spreadsheet features may require a compatible desktop version of Microsoft Excel, including macro support where the supplied file uses macros. Google Sheets, mobile spreadsheet apps and all Excel versions are not guaranteed to support every feature. Check compatibility with us before buying if it is important to your use.

Your initial purchase includes lifetime access to the purchased training for the enrolled learner, with no recurring training-access fee. It also includes an ongoing licence to use the supplied downloads within the permissions in section 7. These rights remain subject to payment of the agreed purchase price and the refund and material-breach provisions of these terms. Cancelling or declining a later community renewal does not remove your lifetime training access or your download rights.

Lifetime training access is separate from the 12 months of included community access. It does not include ongoing personal support, future standalone products or additional learner accounts unless your order expressly includes them. We may change the delivery platform, but a platform change does not itself end your access entitlement.

Individual consulting, custom estimating, implementation work, additional team seats and future products are included only if your order expressly says so. Community membership does not promise a particular response time, live-session schedule or individual project review unless separately offered in writing.

4. Price and payment options

Both options cover the same standard offer for one learner. The three-payment plan ends after the third payment. It is a way to pay for the initial purchase, not a month-to-month membership you can cancel after the guarantee period. The checkout and order confirmation show your actual billing schedule.

All stated amounts are in United States dollars. Applicable taxes and the complete amount payable are disclosed before you submit your order. Your payment provider may apply its own currency-conversion or banking charges.

By choosing the payment plan, you authorize the three scheduled payments. A qualifying refund under section 5 cancels any remaining instalments. Otherwise, stopping use of the training or community does not by itself cancel the remaining purchase payments, subject to your legal rights.

If a payment fails, we may contact you to update your payment method and may temporarily suspend access while the overdue amount is resolved. We will not charge more instalments than you authorized. Contact us promptly about an incorrect charge.

5. Your 30-day money-back guarantee

If FabProfit is not the right fit, email gregwsheldon@gmail.com within 30 calendar days of your initial enrolment, using the name and email address associated with your purchase. Tell us you want a refund. No completed worksheets, proof of results or lengthy explanation is required.

• The guarantee applies to either payment option.
• Your request qualifies based on when you send it, even if we process it later.
• We refund all amounts paid to us for the initial system purchase, including applicable tax, and cancel any remaining instalments.
• The 30-day period starts once. It does not restart with each instalment or later community renewal.
• The guarantee does not cover optional community charges incurred after the included first year.

Greg handles refund requests personally. Refunds are returned through the original payment method where possible. We process qualifying refunds promptly and within any applicable legal deadline; your payment provider determines when the credit appears on your account.

A refund ends access to the training and community and ends the licence to use the included FabProfit resources. Delete downloaded training, templates and workbook copies. You may keep your own customer quotes, job records and other business outputs already created while your licence was valid.

Outside this voluntary guarantee, change-of-mind refunds are not promised. This does not limit any refund, cancellation or other remedy provided by applicable law. The email process above is for our voluntary guarantee and does not restrict a legally permitted method of giving cancellation notice.

6. Community access and optional renewal

Your first 12 months of community access are included from enrolment. At the end of that period, we may invite you by email to continue with a separate monthly membership. The first year does not automatically turn into a paid subscription. You will not be charged a renewal fee unless you choose to subscribe.

The currently advertised renewal price is US$29 per month, plus applicable tax. Your renewal checkout shows the fee and billing date before you agree. Once you subscribe, that monthly membership renews and is charged each month until cancelled.

You can cancel monthly community membership at any time by emailing gregwsheldon@gmail.com from your enrolment address. Any account cancellation option provided by the platform can also be used. Cancellation stops future monthly charges, and access continues until the end of the period you have paid for. A request sent before the next renewal is effective for that renewal even if we process it later; contact us if a charge is taken after a timely cancellation request.

We do not normally provide a prorated change-of-mind refund for a partly used community month. Billing mistakes and refunds required by law are handled separately. Cancelling the community does not remove your purchased training or download rights and does not cancel an outstanding initial purchase instalment.

7. How you may use the training and tools

FabProfit retains ownership of its training, videos, wording, designs, templates and workbook structure, subject to any third-party rights. Your purchase gives the enrolled learner a non-exclusive licence to use the supplied materials for learning and internal business work.

You may adapt the provided working templates and spreadsheets for your authorized internal use and provide the resulting customer quotes and job documents to the people who need them. You retain your rights in your own drawings, data, pricing and business records.

Do not share account credentials; redistribute or sell the training, videos or editable FabProfit tools; publish them online; or use them to create a competing training or template product. Employees who need their own access to training or editable tools require the appropriate additional licence. Contact Greg to arrange team use or a learner change.

8. Community conduct and your contributions

Keep discussions respectful and relevant. Do not harass members, post unlawful material, spam the community, misrepresent your identity or share information you do not have permission to disclose. Remove customer names, personal information and commercially sensitive details from examples unless you are authorized to share them.

You keep ownership of your contributions. By posting, you give us permission to store, display and moderate that content as reasonably needed to run the community and provide the service. This does not give us permission to use your name, photograph or identifiable project details in advertising without separate permission.

We may remove content or restrict access for misuse, non-payment or a material breach of these terms. Where reasonable, we will explain the issue and allow an opportunity to correct it. Serious security threats or unlawful conduct may require immediate action. Any refund or other remedy required by law remains available.

9. Estimating decisions and results

FabProfit provides educational information and working tools. It does not provide project-specific engineering approval, legal advice, tax advice or a guarantee that a bid is complete, compliant, profitable or successful.

You are responsible for checking drawings, scope, quantities, rates, formulas, assumptions, taxes, site conditions and contract requirements before issuing a quote or performing work. Verify changed spreadsheet formulas and use qualified professional advice when needed. Examples and case studies may be illustrative and do not establish a result you will achieve. Completion of the training does not create a professional licence or trade qualification.

10. Availability and changes to the service

We may update lessons, correct errors or change delivery platforms while maintaining the substance of what you purchased. Temporary maintenance, internet problems and third-party platform interruptions can affect access. Contact us if these prevent you from using a purchased service.

If we cannot provide a material part of the purchased service, we will discuss an appropriate remedy and honour your applicable legal rights. This section does not let us remove a paid-for entitlement without a remedy.

11. Responsibility and limits of liability

To the extent permitted by law, we do not warrant that the resources will be error-free, compatible with every system or suitable for every project. We are not responsible for losses caused by inaccurate information you enter, unauthorized changes to tools or independent estimating and business decisions you make.

To the extent permitted by law, liability arising from the affected product or service is limited to the amount you paid us for that product or service, and we are not liable for indirect or consequential losses, including lost opportunities or anticipated profit.

These limits do not apply to fraud, wilful misconduct, gross negligence, or any responsibility, guarantee, refund right or remedy that applicable law does not allow us to exclude or limit. They do not take away your statutory consumer or privacy rights.

12. Governing law, questions and updates

We offer FabProfit to customers in Canada and the United States. These terms are governed by the laws of Nova Scotia and the federal laws of Canada applicable there, subject to mandatory protections that apply where you live or purchase. This choice of law does not take away applicable Canadian provincial or territorial rights, or United States federal or state consumer, privacy, cancellation or other rights that cannot be waived by contract.

Nothing here requires you to give up access to a court, regulator or other remedy provided by applicable law. You retain any legally protected right to bring a claim in your own jurisdiction. These terms do not require mandatory arbitration or a waiver of class-action rights.

Contact Greg first if you have a problem so we have an opportunity to resolve it. You do not have to contact us before exercising a legal right. If a provision is unenforceable, the remaining terms continue to the extent permitted by law.

We may update these terms for future purchases and will identify the effective date. Changes affecting an existing ongoing membership will be communicated before they apply, with any legally required notice and consent. Changes do not retrospectively reduce an existing guarantee or alter an agreed payment total.

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