Besides the per diem fee, what other expenses are the franchisee responsible for when attending additional Kidokinetics training?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
cs Business). You must pay us $500 per attendee per day for additional training, and you must pay for airfare, meals, transportation costs, lodging and incidental expenses for all of your training program attendees. If we determine that you are not operating your Kidokinetics Business in compliance with the Franchise Agreement or the Operations Manual, we may require that you or your principal owner, designated managers and other employees attend remedial training. If the training program is conducted at your Kidokinetics Business, you must reimburse us for the expenses we or our representatives incur in providing
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 26–34)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, if you or your employees are required to attend or choose to attend additional training, several expenses are your responsibility. Besides the $500 per person per day fee for additional training, you must cover the costs of airfare, meals, transportation, lodging, and any incidental expenses for all attendees. This applies whether the training is conducted at Kidokinetics' headquarters or at your own Kidokinetics location.
If Kidokinetics determines that you are not operating your business in compliance with the Franchise Agreement or Operations Manual, they may require you or your employees to attend remedial training. If this training takes place at your Kidokinetics Business location, you must reimburse Kidokinetics for all expenses they or their representatives incur while providing the training. This could include travel, lodging, meals, and other related costs.
These expenses can add up quickly, especially if multiple employees need training or if the training location is far from your Kidokinetics Business. It is important to factor these potential costs into your budget when considering a Kidokinetics franchise. Understanding these financial responsibilities upfront will help you better manage your business expenses and ensure compliance with Kidokinetics' standards.