Is a Kidokinetics franchisee allowed to participate in crowdfunding campaigns without prior written consent from Kidokinetics?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
You may not establish an account or participate in any social networking sites, crowdfunding campaigns or blogs, or mention or discuss the Kidokinetics franchise, us or any of our affiliates without
Source: Item 16 — RESTRICTIONS ON WHAT THE FRANCHISEE MAY SELL (FDD pages 39–40)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, franchisees are restricted from participating in crowdfunding campaigns without obtaining prior written consent from Kidokinetics. This restriction is part of a broader policy that also covers social networking sites and blogs.
This policy means that a franchisee must seek and receive approval from Kidokinetics before initiating or engaging in any crowdfunding activities related to the franchise. This requirement allows Kidokinetics to maintain control over its brand image and online presence, ensuring that any crowdfunding efforts align with the company's standards and policies.
The online policy may completely prohibit a franchisee from using the Kidokinetics marks on crowdfunding campaigns or other online uses. This gives Kidokinetics significant control over how its brand is represented in the digital space. A prospective franchisee should discuss with Kidokinetics what types of crowdfunding activities might be approved, and what the specific requirements are for obtaining that approval.