Who designates which businesses are considered 'Large Accounts' for Engineering For Kids?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
- 1.3.3. Large Accounts. The term "Large Account" means any location from which Programs may be conducted that have multiple affiliated outlets (such as a chain of children's afterschool care centers, or preschools), that we designate based upon our determination that these businesses in multiple locations are deemed of strategic importance to us. We will have the right to negotiate the terms and conditions of all Programs to be conducted at Large Accounts, in accordance with the terms of Section 6.9 below.
Source: Item 23 — RECEIPTS (FDD pages 53–138)
What This Means (2025 FDD)
According to Engineering For Kids' 2025 Franchise Disclosure Document, Engineering For Kids designates which businesses are considered 'Large Accounts'. The brand determines these accounts based on its assessment of whether businesses with multiple affiliated outlets (such as chains of afterschool care centers or preschools) are of strategic importance to the company.
Engineering For Kids retains the right to negotiate the terms and conditions for all programs conducted at these Large Accounts. This allows them to maintain consistent standards and potentially secure more favorable terms due to the scale of these accounts.
For a franchisee, this means that Engineering For Kids may require them to service Large Account clients within their territory according to the pricing and terms negotiated by the franchisor. While franchisees must adhere to these terms, they also have the option to decline participation in a specific Large Account contract if additional rebates are required that they find unfavorable. Franchisees can also terminate their participation in the Large Account program with 30 days' written notice, but Engineering For Kids then has the right to service those clients themselves or authorize others to do so without compensating the franchisee.