factual

Can Kidokinetics offer mandatory additional training programs?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

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  • 6.5. Additional Training. Franchisor may offer mandatory and/or optional additional training programs from time to time. If required by Franchisor, Franchisee, Franchisee's principals, if any, and Manager shall participate in refresher training for up to five (5) days per year, at a location designated by Franchisor. Franchisor reserves the right to charge its then-current additional training fee for any additional training provided by Franchisor. Currently, the additional training fee is equal to $500 per person per day of training. Franchisor may also require Franchisee to attend a national business meeting or annual convention for up to three days per year, at a location designated by Franchisor and Franchisor reserves the right to require Franchisee to pay a registration fee for each national business meeting and/or annual convention, which fee will be due and payable regardless of whether Franchisee actually attends such meeting or convention, as applicable. Franchisee will be responsible for any and all incidental expenses incurred by Franchisee or Franchisee's personnel in connection with additional training, or attendance at Franchisor's national business meeting or annual convention, including, without limitation, costs of travel, lodging, meals and wages. Failure to attend and/or complete mandatory additional training by Franchisee, Franchisee's Principal and/or Manager, or failure of Franchisee to attend Franchisor's national business meeting or annual convention is an event of default of this Agreement.
  • 6.6. On-Site Additional Training. Upon Franchisee's reasonable request or as Franchisor deems appropriate, Franchisor will, during the term hereof, subject to the availability of personnel, provide Franchisee with additional trained representatives who will provide on-site additional or remedial training and assistance to Franchisee's personnel at the Kidokinetics Business Location. For such additional training and assistance requested by Franchisee, Franchisee will pay the per diem fee then being charged to franchisees under the System for the services of such trained representatives, plus their costs of travel, lodging, and meals. The per diem fee is currently set at $500, but may be adjusted or waived at Franchisor's sole discretion;

Source: Item 22 — CONTRACTS (FDD page 59)

What This Means (2024 FDD)

According to Kidokinetics's 2024 Franchise Disclosure Document, Kidokinetics may offer mandatory additional training programs from time to time. If required, the franchisee, their principals, and the manager must participate in refresher training for up to five days per year at a location Kidokinetics designates.

Kidokinetics reserves the right to charge its current additional training fee for any extra training provided. Currently, this fee is $500 per person per day of training. Kidokinetics may also require the franchisee to attend a national business meeting or annual convention for up to three days per year at a location they designate. Kidokinetics can also require the franchisee to pay a registration fee for these events, regardless of whether the franchisee attends.

The franchisee is responsible for all incidental expenses for themselves and their personnel related to additional training or attendance at the national business meeting or annual convention. These expenses include travel, lodging, meals, and wages. Failure to attend or complete mandatory additional training, or failure to attend the national business meeting or annual convention, constitutes a default of the Franchise Agreement.

Kidokinetics will also provide on-site additional or remedial training and assistance to the franchisee's personnel at the Kidokinetics Business location, subject to personnel availability. For this additional training, the franchisee will pay a per diem fee, currently $500, for the services of the trained representatives, plus their costs of travel, lodging, and meals. This fee is payable in advance and is non-refundable, though Kidokinetics may adjust or waive it at their discretion.

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.