What other role does Bynia Reed hold besides being a Principal Officer for Hyper Kidz?
Hyper_Kidz Franchise · 2024 FDDAnswer from 2024 FDD Document
Ms. Reed has been our Principal Officer since our inception and has been Chief Operating Officer for our Affiliate, Maryland Indoor Play, LLC located in Columbia, Maryland since May 25, 2018. She is
a licensed Child Psychotherapist and a consultant for various organizations serving individuals, children, and families.
Source: Item 2 — BUSINESS EXPERIENCE (FDD pages 8–9)
What This Means (2024 FDD)
According to Hyper Kidz's 2024 Franchise Disclosure Document, Bynia Reed holds multiple positions. In addition to being a Principal Officer for Boomerang Franchise LLC (Hyper Kidz), she has been the Chief Operating Officer for Hyper Kidz's affiliate, Maryland Indoor Play, LLC, since May 25, 2018. Furthermore, she is a licensed Child Psychotherapist and works as a consultant for various organizations that serve individuals, children, and families.
For a prospective franchisee, this indicates that the leadership of Hyper Kidz has experience in both business operations and child-related services. This could be beneficial as it suggests a well-rounded understanding of the industry and the target customer base.
However, it's important to note that the FDD does not specify the exact amount of time Bynia Reed dedicates to each of these roles. A potential franchisee may want to inquire about the time allocation and how it might impact the support and guidance provided to franchisees.