What is the current additional training fee per person per day of training for Kidokinetics?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
any additional training provided by Franchisor. Currently, the additional training fee
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the current additional training fee is $500 per person per day of training. This fee applies to any additional training programs that Kidokinetics may offer, which can be either mandatory or optional.
Kidokinetics franchisees, their principals, and their managers may be required to participate in refresher training for up to five days per year at a location designated by Kidokinetics. Franchisees are responsible for all incidental expenses, including travel, lodging, meals, and wages, associated with the additional training.
Failure to attend and complete mandatory additional training by the franchisee, their principal, or their manager, or failure to attend Kidokinetics's national business meeting or annual convention, constitutes an event of default under the Franchise Agreement. This highlights the importance of budgeting for these potential training costs and ensuring compliance with Kidokinetics's training requirements.