How is the per diem fee for additional on-site training at Hyper Kidz determined?
Hyper_Kidz Franchise · 2024 FDDAnswer from 2024 FDD Document
ve the right to reduce the duration of our representative's visit or to not provide opening assistance.
If, during the term of your Franchise Agreement, you request that we provide additional training on-site at your Hyper Kidz Business, or if we determine that you need additional training or assistance (such as if you incur unsatisfactory or below average ratings after an inspection), you must pay our then-current per diem fee (currently $250) for each trainer we provide, and
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 24–33)
What This Means (2024 FDD)
According to the 2024 Hyper Kidz Franchise Disclosure Document, if a franchisee requests additional on-site training at their Hyper Kidz Business, or if Hyper Kidz determines that additional training or assistance is necessary (for example, due to unsatisfactory inspection ratings), the franchisee must pay a per diem fee. This fee covers each trainer provided by Hyper Kidz. As of the FDD date, the per diem fee is currently $250 per trainer per day.
In addition to the per diem fee, the franchisee is also responsible for reimbursing Hyper Kidz for any expenses incurred by the trainers during the on-site training. These expenses include costs related to travel, lodging, and meals. This means that the total cost of additional on-site training can vary depending on the duration of the training, the number of trainers required, and the distance/location of the Hyper Kidz Business, which affects travel and lodging expenses.
This policy ensures that Hyper Kidz franchisees have access to additional support and training when needed, while also covering the costs associated with providing that support. It is fairly common in the franchise industry for franchisors to charge for additional training, especially when it is provided on-site, to offset the costs of sending trainers and providing customized assistance. Prospective franchisees should factor these potential costs into their budget and understand the circumstances under which additional training may be required.