How many days per year might the Kidokinetics national business meeting or convention last?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
Schedule, in our discretion, a national business meeting or convention for up to 3 days per year at a location we designate.
If we schedule any national business meeting or convention, you must attend and you must pay us a registration fee per attendee as we designate.
You are also responsible for paying for your transportation, lodging, meals and other expenses to attend any national business meeting or convention (Franchise Agreement, Section 6.5).
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 national business meeting or convention is scheduled at the franchisor's discretion and may last up to 3 days per year. The location of the meeting is also determined by Kidokinetics.
Attendance at the national business meeting or convention is mandatory for franchisees. Franchisees are responsible for paying a registration fee per attendee, the amount of which is determined by Kidokinetics. Franchisees must also cover their own expenses for transportation, lodging, meals, and other related costs to attend the meeting.
Prospective franchisees should factor in these potential costs when evaluating the Kidokinetics franchise opportunity. While the FDD specifies the maximum duration of the meeting, it does not guarantee that a meeting will occur every year. It is important to clarify with Kidokinetics how frequently these meetings are typically held to better estimate the associated expenses.