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If a Kidokinetics franchisee requests Enhanced Business Coaching and Training Services for an existing business, what is required?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

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  1. Provide you with Enhanced Business Coaching and Training Services for two days following the launch of your Kidokinetics Business. You will at all times be responsible for complying with the obligations of the Franchise Agreement even though you may retain Enhanced Business Coaching and Training Services. If you operate an existing Kidokinetics Business, you will not be required to complete this training, but may request it and pay the Enhanced Business Coaching and Training Fee (Franchise Agreement, Section 5.2.6).

Site Selection

We expect that you will operate your Kidokinetics Business out of your home. We do not provide any site selection assistance to you. We do not have specifications for an office location outside of the home, except that if you choose to operate from a location other than a home office, such location must be within the Territory.

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, if you operate an existing Kidokinetics business, you are not required to complete the initial training. However, you may request Enhanced Business Coaching and Training Services and will be required to pay the Enhanced Business Coaching and Training Fee.

Kidokinetics also offers post-opening Enhanced Business Coaching and Training Services, either directly or through an affiliate they designate. Even while receiving these services, franchisees remain responsible for complying with all obligations outlined in the Franchise Agreement.

Prospective franchisees should inquire about the specific costs and scope of the Enhanced Business Coaching and Training Fee to fully understand the financial implications and benefits of this optional service.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.