What is the process by which Healthsource Chiropractic discloses confidential information?
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 Healthsource Chiropractic's 2025 Franchise Disclosure Document, the company discloses confidential and proprietary information to prospective franchisees after they submit a deposit. This information includes details about services and products offered at Healthsource Chiropractic franchises, knowledge of sales and profit performance of existing franchises, sources of products, advertising and promotional programs, and methods for training employees. This confidential information can be shared verbally, visually through training programs, or in written form, such as in the Healthsource Chiropractic Operations Manual.
Before receiving this confidential information, prospective franchisees must acknowledge and agree to the terms of a Non-Disclosure Agreement. This agreement stipulates that the franchisee and their employees, representatives, and agents will only use the confidential information for operating a Healthsource Chiropractic franchise. They must maintain the absolute confidentiality of the information, avoid making unauthorized copies, and return all tangible materials containing the confidential information upon request. These restrictions apply even if the prospective franchisee does not ultimately enter into a Franchise Agreement with Healthsource Chiropractic.
Healthsource Chiropractic also emphasizes that it owns all confidential information. The Operations Manual contains mandatory and suggested specifications, programs, standards, and operating and management procedures. Healthsource Chiropractic may provide the Operations Manual through various means, including the internet, and updates to the manual can occur at any time. Any digital identification necessary to access the Operations Manual is considered confidential information. Franchisees must keep their copy of the Operations Manual current, and Healthsource Chiropractic's master copy will control in case of a dispute.