What fees related to the annual conference does Healthsource Chiropractic collect from franchisees?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
- c. In addition to providing the Initial Training described above, we reserve the right to offer and hold such additional ongoing training programs and franchise owners meetings regarding such topics and at such times and locations as we may deem necessary or appropriate. We also reserve the right to make any of these training programs mandatory for you and/or designated owners, General Managers, employees, and/or representatives of yours. Also, all employees hired by you after the opening of the Franchise must attend our Initial Training and you must pay all their travel, lodging, meal, transportation and personal expenses in the event we do not offer the Initial Training virtually in the future and instead require in-person attendance. If we offer any such mandatory additional training programs, then you or your designated personnel must attend a minimum of seventy-five percent (75%) of the programs offered on an annual basis. In addition, you are required to attend one-hundred (100%) of our annual conference, a training program that we conduct once per year. The location of the annual conference will be determined by us. Your attendance at the annual conference is mandatory. Required attendees of the annual conference include: each principal owner of the Franchised Business, your General Manager and if you use a professional corporation to service your patients, any chiropractor employed by the professional corporation. You will be solely responsible for the wages and travel, lodging, and living expenses for each attendee of yours who attends the annual conference. We will not charge you a fee to attend the annual conference, but we will collect fees from you that are imposed by third parties relating to the annual conference, such as fees charged for food and beverage.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic FDD, franchisees are required to attend the annual conference. While Healthsource Chiropractic does not charge a fee for attendance, franchisees are responsible for covering certain costs. Specifically, Healthsource Chiropractic will collect fees imposed by third parties for items such as food and beverage provided at the conference.
In addition to these third-party fees, franchisees are responsible for the wages, travel, lodging, and living expenses for each attendee from their franchise who attends the annual conference. Required attendees include each principal owner of the franchised business, the General Manager, and any chiropractor employed by a professional corporation used to service patients.
This mandatory attendance and associated costs represent a potentially significant expense for Healthsource Chiropractic franchisees. Franchisees should factor in these expenses when budgeting for their franchise operations. It is common practice in franchising for franchisors to hold annual conferences to provide ongoing training, updates, and networking opportunities. However, the specific costs and responsibilities for franchisees can vary widely, so it is important to carefully review the FDD and ask the franchisor for detailed information about conference-related expenses.