What specific training does Healthsource Chiropractic provide after the deposit?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
lletin: Practices of Business Consultants. We | | HSC is not engaged in rendering legal, accounting, | or other professional services or advice. | | your patients, taxes, employees, | If you require legal advice or other expert assistance, the services of a competent professional person should | | or disputes. | be sought. HSC is not a law firm. We do not practice law and cannot provide you with legal advice about | | Agreed and accepted by: | | | | | | Signature of Franchisee | Date | | | | | Printed Name | | | Acknowledged and agreed by: | |--------------------------------| | HealthSource Chiropractic, LLC | | | | By: | | Its: |
EXHIBIT K
Franchise Deposit Acknowledgment and Amendment
HEALTHSOURCE CHIROPRACTIC, LLC FRANCHISE DEPOSIT ACKNOWLEDGEMENT
TO HEALTHSOURCE CHIROPRACTIC, LLC:
| 1. Introduction. I understand that my application for the grant of a franchise to operate a HealthSource |
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| Chiropractic, LLC |
| ("HealthSource") clinic in the area set forth on the attached map (the "Protected |
| Territory"), has been approved, subject to entering into a Franchise Agreement and paying the Initial |
| Franchise Fee. To continue the process of obtaining a franchise to operate a HealthSource Chiropractic |
| clinic in the Protected Territory, I am submitting this Franchise Deposit Acknowledgement (this |
| "Acknowledgement") and my deposit in the amount of $ (the "Deposit") to HealthSource. |
| Upon receipt of this signed Acknowledgement and the Deposit, HealthSource agrees to not grant the |
| Protected Territory to any third party until after, 20 (the "Deadline Date"), and to |
| provide me with access to certain training, information and materials relating to operating a HealthSource |
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- FDD. I have received the HealthSource Franchise Disclosure Document, and all Exhibits attached thereto, more than 14 calendar days before the date of my execution hereof. I have received a completed form of this Acknowledgement more than 7 business days before the date of my execution hereof.
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Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, after a potential franchisee submits a deposit, Healthsource agrees not to grant the protected territory to any third party until after a specified deadline date. In addition to this exclusivity, Healthsource Chiropractic will provide access to certain training, information, and materials related to operating a Healthsource clinic.
Furthermore, after submitting the deposit, Healthsource Chiropractic may disclose confidential and proprietary information. This information includes details about services and products, sales and profit performance of franchises, sources of products, advertising and promotional programs, image and decor, methods, techniques, formats, specifications, procedures, information, systems, knowledge, and experience in the development, operation, and franchising of Healthsource Chiropractic franchises. It also includes the selection and methods of training employees.
This confidential information may be shared verbally, visually through training programs, or in written form via the Healthsource Chiropractic Operations Manual. The franchisee must maintain the confidentiality of this information and use it only for operating a Healthsource Chiropractic franchise. This obligation to protect confidential information remains even if a Franchise Agreement is not finalized.