What is the scope of 'confidential and proprietary information' that Healthsource Chiropractic may disclose?
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 franchisor may disclose confidential and proprietary information to prospective franchisees after they submit their deposit. This information encompasses a range of business-critical aspects. These include details about the services and products offered and sold at HealthSource Chiropractic franchises, providing insights into the core offerings of the business. Franchisees may also gain access to knowledge of sales and profit performance data from various HealthSource Chiropractic locations, offering a benchmark for potential financial outcomes.
Further, Healthsource Chiropractic may disclose information regarding the sources of products sold at HealthSource Chiropractic franchises, which is crucial for supply chain management. Franchisees may also learn about advertising and promotional programs, along with the brand's image and decor standards, ensuring consistent branding across all locations. The disclosure extends to methods, techniques, formats, specifications, procedures, information, systems, and knowledge related to the development, operation, and franchising of HealthSource Chiropractic franchises, offering a comprehensive understanding of the business model.
This confidential information may be shared verbally, visually through training programs, or in written form, such as in the HealthSource Chiropractic Operations Manual. The franchisee acknowledges that HealthSource Chiropractic owns this information and agrees to use it solely for operating their franchise, maintaining its confidentiality. Franchisees are prohibited from making unauthorized copies and must return all materials containing confidential information upon request. These restrictions apply regardless of whether a Franchise Agreement is ultimately signed, ensuring the protection of HealthSource Chiropractic's proprietary information.