What is the process by which Healthsource Chiropractic discloses knowledge of sales and profit performance?
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, knowledge of sales and profit performance of Healthsource Chiropractic franchises is considered confidential and proprietary information. This information is disclosed to prospective franchisees after they submit a deposit.
Healthsource Chiropractic may disclose confidential and proprietary information to individuals who submit a deposit. This information can include services and products offered, knowledge of sales and profit performance of one or more franchises, knowledge of product sources, advertising and promotional programs, image and decor, methods, techniques, formats, specifications, procedures, information, systems, knowledge and experience in development, operation, and franchising, and the selection and methods of training employees. The information may be disclosed verbally, visually via training programs, or in written form via Healthsource Chiropractic's Operations Manual.
As a prospective franchisee, you must acknowledge that Healthsource Chiropractic is the sole owner of this confidential information. You and your employees, representatives, and agents must agree not to use the information for any purpose other than operating a Healthsource Chiropractic franchise, maintain absolute confidentiality, and not make unauthorized copies. Upon request, all tangible materials containing confidential information must be returned to Healthsource Chiropractic. These restrictions apply even if you do not enter into a Franchise Agreement. However, you are not restricted from using information or knowledge that is publicly available.