factual

Who is responsible for obtaining accounting services and related hardware/software for a Creative World School?

Creative_World_School Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 11.06 Accounting, Computers and Records. It is your responsibility to obtain accounting services and any required hardware or software related to them. You will at all times maintain the records reasonably specified in the Manuals, including, without limitation, sales, inventory and expense information. To the extent we require support for accounting software used by you, such support will only be provided with respect to the accounting software then used by us in the operation of our own (or our affiliates' own) Schools. You agree as follows:
    • (a) You agree to use in developing and operating the School the operating software (the "Software") and the computer and hardware components and accessories (the "Computer System") that we may periodically specify. We may determine that the Computer System may include purchase accounting and reporting equipment including point of sale equipment, with features including:
      • (i) a highly sensitive keyboard for fast input;
      • (ii) controlled access to management functions such as child/teacher ratios;
      • (iii) educational software and hardware;
      • (iv) internal communications among computer terminals;
      • (v) check printer to document and detail all sales transactions;
      • (vi) capability to provide telecommunications to us in the manner we designate;
      • (vii)security key and password identification for each employee allowing the pointof-sale system to provide detailed sales information for each employee;
      • (viii) detailed sales tracking ability including, check-in and out, hours, attended department sales, customer accounts, sales for the individual employee and accounting period to date sales information; and
      • (ix) communication and polling ability for all sales information to be retrieved by you or us.
    • (b) We may require you to obtain specified computer hardware or software and may modify specifications for and components of the Computer System from time to time. Our modifications and specifications for components of the Computer System may require you to incur costs to purchase, lease or license new or modified computer hardware or software and to obtain service and support for the Computer System during the Term.
    • (c) If required by us, you must obtain and maintain a contract with a vendor that we have approved in writing for software maintenance, support, and upgrade services for

Source: Item 23 — RECEIPTS (FDD pages 80–247)

What This Means (2025 FDD)

According to the 2025 Creative World School Franchise Disclosure Document, franchisees are responsible for obtaining accounting services and any related hardware or software. Franchisees must also maintain records as specified in the manuals, including sales, inventory, and expense information.

Creative World School may require franchisees to use specific operating software and computer hardware components, and may modify these specifications over time. These modifications could require franchisees to incur costs to purchase, lease, or license new or modified hardware or software, as well as to obtain service and support for the computer system during the term of the franchise agreement.

Furthermore, Creative World School may require franchisees to maintain a contract with an approved vendor for software maintenance, support, and upgrade services. Support for accounting software will only be provided with respect to the accounting software then used by Creative World School in the operation of their own schools.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.