Who is responsible for developing and implementing a business plan for the Degree Wellness Studio?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) Developing and implementing a business plan for the Studio and managing the operational workflow of the Studio business, specifically, scheduling patient appointments and responding to patient inquiries, determining fees charged for the provision of supplies and devices to patients, assisting the Licensed Provider in the billing and the collection of fees payable for Licensed Provider's provision of the Studio Services, devices, and supplies to patients pursuant to Section 3.1(c), arranging for participation in discount medical plan organizations, including collection of fees from third-party payors, and maintaining patient records, including the confidentiality thereof, under the direction of Licensed Provider, pursuant to Section 3.1(d) below;
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 63–66)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Management Company is responsible for developing and implementing the business plan for the Degree Wellness Studio. This includes managing the operational workflow of the studio business, specifically scheduling patient appointments and responding to patient inquiries.
In addition to creating the business plan, the Management Company also determines the fees charged for the provision of supplies and devices to patients. They assist the Licensed Provider in billing and collecting fees for the services, devices, and supplies provided to patients. The Management Company also arranges for participation in discount medical plan organizations, including the collection of fees from third-party payors.
Furthermore, the Management Company is responsible for maintaining patient records, including ensuring their confidentiality, under the direction of the Licensed Provider. This encompasses a wide range of administrative and management tasks essential for the smooth operation of the Degree Wellness Studio.