What do the Healthsource Chiropractic annual conference expenses cover?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
ratives. There are currently no advertising cooperatives. (4) |
| Type of Fee (1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Fee if Franchise Not Live on Software System | If franchise is not "live" on the HSWorx software system within two months post training, a $500 per month fee will be assessed. After month six the fee will increase to $1,000 starting month seven. | Due immediately upon demand | This fee only applies to conversion franchises. We will charge you this fee if you do not go live on the software system within 2 months of your initial training. See Items 7 and 11 for additional information. |
| Technology Fee | $199.00 per month | Due on the date of the month we specify | For website design, maintenance, hosting, and search engine optimization and certain technology-related administrative expenses. See Item 8 for additional information. |
Source: Item 6 — Other Fees (FDD pages 17–23)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, franchisees are responsible for covering the expenses charged by third parties for the annual conference. This means that Healthsource Chiropractic franchisees will need to budget for costs associated with attending the annual conference, such as registration fees, travel, lodging, meals, and any other expenses charged by the vendors or entities hosting or providing services at the conference.
For a prospective Healthsource Chiropractic franchisee, this implies that the cost of attending the annual conference can vary depending on the location, duration, and specific offerings of the conference. Franchisees should anticipate these costs and factor them into their overall operating budget. It is important to note that these expenses are in addition to other fees outlined in the FDD, such as the Technology Fee of $199.00 per month.
While the FDD specifies that the franchisee is responsible for amounts charged by third parties, it does not provide a specific estimate of how much these expenses might be. Therefore, it would be prudent for potential franchisees to inquire with Healthsource Chiropractic about the typical range of costs associated with attending the annual conference to better prepare their financial projections. Understanding these potential expenses is crucial for assessing the overall profitability and financial viability of a Healthsource Chiropractic franchise.