factual

What is the per diem fee for on-site remedial training and assistance from Kidokinetics?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

.5).

    1. Upon your request, or as we determine to be appropriate, provide remedial on-site training and assistance at your premises. If you request on-site remedial training, we may charge a per diem fee, currently $500 per person per day, for the services of our trainer. You will pay any travel-related expenses of the trainer, including transportation, meals and lodging (Franchise Agreement, Sec

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 a franchisee requests on-site remedial training and assistance, Kidokinetics may charge a per diem fee. The current fee is $500 per person per day for the services of their trainer. In addition to the per diem fee, the franchisee is responsible for covering all travel-related expenses incurred by the trainer. These expenses include transportation, meals, and lodging.

This policy means that a Kidokinetics franchisee experiencing operational difficulties could request hands-on support, but it would come at a significant cost. The franchisee needs to budget not only for the daily training fee but also for all associated travel expenses, which could quickly add up depending on the trainer's location and the duration of the on-site assistance.

Franchisors commonly offer ongoing support and training, but the specific fees and terms can vary widely. Some franchises include a certain amount of on-site support in their initial franchise fee or charge a lower per diem rate. The Kidokinetics model places the full financial burden of remedial training on the franchisee, creating a potential barrier to accessing necessary support. A prospective franchisee should carefully consider these costs and evaluate their own training needs and operational capabilities before investing in a Kidokinetics franchise.

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.