Does Healthsource Chiropractic reserve any rights not expressly granted to the developer in the Development Agreement?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor reserves the right to change Franchisor's policies, procedures, standards, specifications or manuals at Franchisor's discretion.
In the event of a conflict between this Agreement and any Franchise Agreement(s), the terms, conditions and intent of this Agreement will control.
Nothing in this Agreement, or any related agreement, is intended to disclaim any of the representations Franchisor made to Developer in the Franchise Disclosure Document that Franchisor provided to Developer.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, Healthsource Chiropractic retains the right to modify its policies, procedures, standards, specifications, or manuals at its discretion. This means that even though the Development Agreement outlines the developer's rights within the Site Selection Area, Healthsource Chiropractic can make changes to its operational guidelines.
This reservation of rights has several implications for a prospective Healthsource Chiropractic developer. It allows Healthsource Chiropractic to adapt to changing market conditions, technological advancements, or evolving consumer preferences. However, it also introduces an element of uncertainty for the developer, as changes could potentially impact their business operations, costs, or revenue streams.
While the agreement contains the entire understanding between both parties, Healthsource Chiropractic retains the right to change policies, procedures, standards, specifications or manuals at their discretion. Therefore, a developer should stay informed of any modifications and understand how they may affect their development rights and obligations. It would be prudent for a prospective developer to discuss the scope and potential impact of these changes with Healthsource Chiropractic during the due diligence process.