What functions will the Computer System manage for a Kidokinetics Business?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
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The Computer System will manage the daily workflow of the Kidokinetics Business, register your participants, market to them, report to us, and perform other functions. You must record all Gross Sales on the Computer System. You must use the Computer System to track all online and offline registrations. You must store all data and information in the Computer System that we designate, and report data and information in the manner we specify. The Computer System will generate reports on the Gross Sales of your Kidokinetics Business. We may access electronic information and data generated from the Computer System at any time. There are no contractual limitations on our rights to access this information.
We are not required to provide you with any ongoing maintenance, repairs, upgrades, updates or support for the Computer System. The cost of maintaining, updating, or upgrading the Computer System or its components will depend on your repair history, costs of computer maintenance services in your area, and technological advances. We estimate the annual cost will range between $1,000 and $1,500, but this could vary (as discu
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 26–34)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the Computer System is essential for managing various aspects of the Kidokinetics business. The Computer System will handle the daily workflow, participant registration, marketing activities, and reporting to Kidokinetics. Franchisees are required to record all Gross Sales on the Computer System and use it to track both online and offline registrations.
Kidokinetics requires franchisees to store all designated data and information within the Computer System and report it in a specified manner. The system will also generate reports on the Gross Sales of the Kidokinetics Business, providing a clear overview of financial performance.
Kidokinetics retains the right to access electronic information and data generated from the Computer System at any time, without any contractual limitations. This access allows Kidokinetics to monitor the franchisee's operations and ensure compliance with the franchise agreement. While the franchisee is responsible for maintaining, updating, and upgrading the Computer System, Kidokinetics does not provide ongoing maintenance, repairs, or support.