What specific information does Healthsource Chiropractic disclose after the deposit?
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, after a prospective franchisee submits their deposit, Healthsource Chiropractic may disclose confidential and proprietary information. This information includes details about the services and products offered and sold at Healthsource Chiropractic franchises, as well as knowledge of sales and profit performance of individual franchises. Franchisees will also gain insights into the sources of products sold, advertising and promotional programs, and the brand's image and decor.
Furthermore, Healthsource Chiropractic may reveal methods, techniques, formats, specifications, procedures, information, systems, and knowledge related to the development, operation, and franchising of Healthsource Chiropractic franchises. This extends to the selection and methods of training employees. This confidential information can be shared verbally, visually through training programs, or in written form via Healthsource's Operations Manual.
As a prospective franchisee, it's crucial to understand that this information is considered confidential and proprietary to Healthsource Chiropractic. Franchisees and their employees, representatives, and agents must agree not to use this information for any purpose other than operating a Healthsource Chiropractic franchise. They must also maintain the absolute confidentiality of the information and refrain from making unauthorized copies. Upon Healthsource's request, all tangible materials containing confidential information must be returned, even if a Franchise Agreement is not ultimately signed.