What is the full scope of 'confidential and proprietary information' that Healthsource Chiropractic may disclose after the deposit?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
After I submit my Deposit, I further understand that HealthSource may disclose to me its confidential and proprietary information, including: (a) services and products offered and sold at HealthSource Chiropracticfranchises; (b) knowledge of sales and profit performance of any one or more HealthSource Chiropracticfranchises; (c) knowledge of sources of products sold at HealthSource Chiropracticfranchises, advertising and promotional programs, and image and decor; (d) methods, techniques, formats, specifications, procedures, information, systems, and knowledge of, and experience in, the development, operation, and franchising of HealthSource Chiropracticfranchises; and (e) the selection and methods of training employees, all of which may be disclosed verbally or visually via training programs, or in written form via HealthSource's Operations Manual, or otherwise (referred to as "Confidential Information" whether or not marked as such).
I acknowledge and agree that HealthSource is the sole owner of the Confidential Information and that I and my employees, representatives and agents: (x) will not use the Confidential Information for any purpose other than the operation of a HealthSource franchise; (y) will maintain the absolute confidentiality of the Confidential Information; and (z) will not
make unauthorized copies of any portion of the Confidential Information, and will return to HealthSource all tangible materials and media containing Confidential Information, including all copies thereof, upon HealthSource's request. I agree that the foregoing restrictions will apply even if I do not enter into a Franchise Agreement with HealthSource or if this Acknowledgement is revoked or expires or terminates, but nothing contained herein shall prevent me from using information or knowledge that is publicly available.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, after a prospective franchisee submits their deposit, Healthsource Chiropractic may disclose confidential and proprietary information. This information includes details about the services and products offered at Healthsource Chiropractic franchises, as well as knowledge of sales and profit performance of individual franchises.
Healthsource Chiropractic may also share information regarding the sources of products sold at its franchises, along with advertising and promotional programs, and the overall image and decor of the clinics. Furthermore, the confidential information extends to the methods, techniques, formats, specifications, procedures, information systems, and knowledge related to the development, operation, and franchising of Healthsource Chiropractic franchises.
This confidential information may be conveyed verbally or visually through training programs, or in written form via Healthsource Chiropractic's Operations Manual. The prospective franchisee is required to acknowledge that Healthsource Chiropractic is the sole owner of this Confidential Information and agree to maintain its confidentiality. They must also agree not to use the information for any purpose other than operating a Healthsource Chiropractic franchise, and to refrain from making unauthorized copies. Even if a Franchise Agreement is not ultimately signed, these non-disclosure obligations remain in effect, ensuring the protection of Healthsource Chiropractic's proprietary information. This is a common practice in franchising to protect the brand's competitive advantage.