What is the entity name associated with Shaleta Fuqua's Kidokinetics franchise?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| | Dave Pazgan, 10428 West SR 84, Unit 1, Davie, FL 33324, (330) 760-2990 | | | | |
| Last Name | First Name | Entity Name | Address | City | Stat e | Zip Code | |
|---|---|---|---|---|---|---|---|
| * | LLC |
Source: Item 23 — RECEIPT (FDD pages 59–205)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, Shaleta Fuqua operates her Kidokinetics franchise under the entity name HOKM Inc. This information is part of a larger list of current franchisees, including their names, addresses, and contact information.
For a prospective franchisee, this detail highlights the importance of establishing a legal entity for their Kidokinetics business. Franchisors often require franchisees to operate under a separate legal entity to protect both parties from potential liabilities. The list in Exhibit E demonstrates that Kidokinetics franchisees operate under various entity types, such as LLCs, corporations, or other business structures.
It is important for potential Kidokinetics franchisees to consult with legal and financial advisors to determine the most suitable entity structure for their specific circumstances. Factors to consider include liability protection, tax implications, and administrative requirements. The information provided in the FDD serves as a starting point for this decision-making process, but professional guidance is essential to ensure compliance and optimize business operations.