What is the entity name associated with Heather & Robert Troy's Kidokinetics franchise?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Last Name | First Name | Entity Name | Address | City | Stat e | Zip Code | |
|---|---|---|---|---|---|---|---|
| Troy | Heather & Robert | Born2Play LLC | 2176 Tall Grass Circle | Mount Pleasant | SC | 29466 | htroy@kidokinet ics.com |
Source: Item 23 — RECEIPT (FDD pages 59–205)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, Heather & Robert Troy operate their Kidokinetics franchise under the entity name Born2Play LLC. This information is part of a larger table that lists franchisees and their associated business entities. Prospective franchisees often create a separate legal entity like an LLC or corporation to operate their franchise for liability and tax purposes.
Using a legal entity such as Born2Play LLC can help protect the franchisee's personal assets from business debts and lawsuits. It is a common practice in franchising to separate personal and business liabilities. The FDD lists the entity name, address, and contact information for existing franchisees, which may be useful for networking and due diligence.
It is important for potential Kidokinetics franchisees to consult with legal and financial advisors to determine the best business structure for their individual circumstances. The decision to form an LLC or other entity should be made after considering the specific legal and tax implications in the franchisee's state and situation.
Kidokinetics provides this list to give prospective franchisees insight into the existing franchise network and the various ways franchisees have structured their businesses. Reviewing this information can be a helpful step in understanding the operational landscape of a Kidokinetics franchise.