What is Goldfish Swim School's policy on new processes or improvements developed by the Developer or any Principal?

According to the 2025 Goldfish Swim School Franchise Disclosure Document, the Developer is required to promptly disclose any new processes or improvements in the development, construction, management, operation, supervision, or promotion of the swim schools that are developed by the Developer or any Principal. This disclosure must be made without any expectation of compensation.

Furthermore, Goldfish Swim School requires that the Developer and the Principals execute agreements and other documentation that the franchisor deems necessary to grant Goldfish Swim School exclusive ownership of these new processes or improvements. This means that any innovations or advancements created by the franchisee or their principals in relation to the Goldfish Swim School business become the exclusive property of the franchisor.

This policy ensures that Goldfish Swim School maintains control over any advancements or improvements to their system, allowing them to standardize best practices across all franchise locations. For a prospective franchisee, this means that while they are encouraged to innovate and improve their business, they will not own the rights to those improvements and will not be compensated for them. The franchisee should consider this when deciding to invest in a Goldfish Swim School franchise.