Does Fitstop consider information provided through initial and supplementary training to be confidential information?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
- ©2024 Fitstop USA, Inc. 7.5 We claim property rights in all the information about the operational, sales, promotional methods and techniques, and marketing methods and techniques of the Franchise System.
We claim proprietary trade secret rights in information like lists and files, and other compilations of information pertaining to the Franchise System, which information includes (a) our manuals and forms, the information contained and compiled in the manuals and forms, and the updates and memoranda relating to the manuals and forms; (b) names of our agents, suppliers, and customers, and their requirements, specifications, and preferences; (c) the contractual arrangements between us and our agents, suppliers, and customers; (d) the financial details (including but not limited to credit and discount terms) of our relationship with our agents, suppliers, or customers; (e) the names of prospective customers and their requirements, specifications, and preferences; (f) information concerning the remuneration paid by us to our employees; (g) our computer software and any part of its coding; (h) information concerning and presented at our meetings; (i) security and access information; (j) information provided through initial and ongoing specialized training; (k) our business plans and strategies; and (l) similar information.
All such lists, files, other compilations of
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, the franchisor considers information provided through initial and supplementary training to be confidential. Fitstop claims proprietary trade secret rights in information like lists and files, and other compilations of information pertaining to the Franchise System, which includes information provided through initial and ongoing specialized training.
Fitstop emphasizes that it has expended significant time and resources developing confidential information and know-how relating to the administration and operation of a franchised business. This includes all systems, processes, procedures, software, databases, logos, manuals, advertising information, and promotional materials, which they refer to as "Confidential Information."
As a Fitstop franchisee, you must treat all Confidential Information as confidential, regardless of whether it is explicitly labeled as such. You must take precautions to prevent the dissemination of this information to the public by you or your employees. This obligation extends to materials, concepts, processes, or improvements developed during the operation or promotion of the franchise, which remain the property of Fitstop.