What computer hardware and software must a Kidokinetics franchisee use?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
supplier.
You must use the computer hardware and software, including the point-of-sale system that we periodically designate to operate your Kidokinetics Business. You must obtain the computer hardware, software licenses, maintenance and support services and other related services that meet our specifications from the suppliers we specify. You must pay the then-current fees to approved suppliers for certain technology business solutions that will support your business efficiencies, which may include phone systems, scheduling software, bookkeeping services and any other solutions we may require from time to time in the Franchise Operations Manual.
You must obtain the insurance coverage required under the Franchise Agreement, as follows: (i) comprehensive general liability insurance in the amount of at least $1,000,000 per occurrence and $2,000,000 in the aggregate, or in the event you lease commercial office space or storage space, such amount as required by your lease or state laws; (ii) umbrella excess liability coverage in an amount equal to $1,000,000 combined single limit coverage;
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 22–24)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, franchisees must use the computer hardware and software, including a point-of-sale (POS) system, that Kidokinetics designates. Franchisees are required to obtain this hardware, software licenses, maintenance, support, and other related services from suppliers specified by Kidokinetics. This ensures that all Kidokinetics locations operate with a standardized and approved technology infrastructure.
In addition to the hardware and software, franchisees must pay the current fees to approved suppliers for technology business solutions that support business efficiencies. These solutions may include phone systems, scheduling software, bookkeeping services, and any other solutions Kidokinetics requires, as detailed in the Franchise Operations Manual. This requirement ensures that franchisees utilize specific technology to streamline operations and maintain consistency across the Kidokinetics system.
Kidokinetics also requires franchisees to pay a Software License Fee of $3,000 prior to opening for their proprietary KIDOLINK software, with an additional $1,000 fee for each additional Kidokinetics business. This software is a crucial part of the Kidokinetics system, and franchisees must budget for this expense. The FDD also states that Kidokinetics is an approved supplier of the proprietary business management software.
Prospective franchisees should carefully review the Franchise Operations Manual and any updates to understand the specific hardware, software, and technology solutions required, as well as the approved suppliers and associated costs. It is important to factor these technology-related expenses into the overall investment and operational budget for a Kidokinetics franchise.