Can Kidokinetics access electronic information and data generated from the Computer System at any time?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
The Computer System will manage the daily workflow of the Kidokinetics Business, register your participants, market to them, report to us, and perform other functions. You must record all Gross Sales on the Computer System. You must use the Computer System to track all online and offline registrations. You must store all data and information in the Computer System that we designate, and report data and information in the manner we specify. The Computer System will generate reports on the Gross Sales of your Kidokinetics Business. We may access electronic information and data generated from the Computer System at any time. There are no contractual limitations on our rights to access this information.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 26–34)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, Kidokinetics has the right to access electronic information and data generated from the Computer System at any time, and there are no contractual limitations on their rights to access this information.
Kidokinetics requires franchisees to purchase a computer system, estimated to cost between $500 and $1,500, along with a Software License Fee of $3,000 for the KIDOLINK software. Franchisees also pay a monthly Technology Fee for technologies used in their Kidokinetics Business. The computer system is used to manage daily workflow, register participants, market to them, and report to Kidokinetics. Franchisees must record all Gross Sales on the Computer System and store all designated data and information within it.
This access allows Kidokinetics to monitor the franchisee's business operations, sales, and customer data. The franchisee must use the Computer System to track all online and offline registrations and report data and information as specified by Kidokinetics. The computer system generates reports on the Gross Sales of the Kidokinetics Business, which Kidokinetics can access. This level of access is typical in franchising, as it allows the franchisor to ensure brand consistency, monitor performance, and provide support.