How much advance notice will Healthsource Chiropractic provide before establishing or terminating the Ad Fund?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
We will provide you with 30 days' advance notice of the establishment or termination of an Ad Fund and any change in the required contribution.
We will have the right to terminate the Ad Fund by giving you 30 days' advance written notice. All unspent monies on date of termination will be divided between HealthSource Chiropractic and the contributing HealthSource Chiropractic Clinic franchisees in proportion to our and their respective contributions. At any time thereafter, we will have the right to reinstate the Ad Fund under the same terms and conditions as described in this Paragraph (including the
rights to terminate and reinstate the Ad Fund) by giving you thirty (30) days' advance written notice of reinstatement.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Agreement, Healthsource Chiropractic will provide franchisees with 30 days' advance written notice before establishing or terminating the Ad Fund. Additionally, franchisees will receive 30 days' advance written notice of reinstatement of the Ad Fund.
This advance notice allows franchisees time to prepare for changes in their advertising contributions and strategies. The Ad Fund is used for national, regional, or local marketing and promotional programs that Healthsource Chiropractic deems necessary to promote the goodwill and image of all Healthsource Chiropractic Clinic franchises.
Healthsource Chiropractic has the right to terminate the Ad Fund, and all unspent monies on the date of termination will be divided between Healthsource Chiropractic and the contributing Healthsource Chiropractic Clinic franchisees in proportion to their respective contributions. This ensures that franchisees receive a fair share of any remaining funds if the Ad Fund is terminated.