factual

What are the 'Proprietary Software' components that Kidokinetics franchisees may use?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

  • C. Franchisor's affiliate has developed the KIDOLINK business management software, for which Franchisor has the contractual right to sublicense, to be utilized by Franchisee in connection with the Franchised Business ("KIDOLINK Software"). The KIDOLINK software provides assistance with the management of client leads and data, sales records and documentation, inventory control, marketing efforts, administrative matters, and customer service for Franchisee and Franchisee's employees.
  • D. Franchisor may also, from time to time, whether itself or through its designees develop customized software for Franchisee's use in connection with the Franchised Business ("Customized Software"). Franchisee may, at the discretion of Franchisor, be required to purchase and use the Customized Software. Whether Franchisee is required to, or otherwise elects to, use the Customized Software, Franchisee agrees to abide by the terms of this Agreement with regards to any Customized Software. The KIDOLINK Software and Customized Software will be referred to collectively in this Agreement as the "Proprietary Software."

Source: Item 22 — CONTRACTS (FDD page 59)

What This Means (2024 FDD)

According to Kidokinetics' 2024 Franchise Disclosure Document, the proprietary software that franchisees may use includes KIDOLINK Software and Customized Software. The KIDOLINK Software assists with managing client leads and data, sales records and documentation, inventory control, marketing efforts, administrative matters, and customer service.

Franchisees are granted a limited, non-exclusive license to use the KIDOLINK Software for their internal business operations. They are prohibited from customizing the software and must only use current versions, although prior versions may be used if necessary to support the current version. Kidokinetics may require franchisees to upgrade to a version requiring an additional fee.

Kidokinetics may also develop Customized Software for franchisees' use, and franchisees may be required to purchase and use this software at Kidokinetics' discretion. Both the KIDOLINK Software and Customized Software are collectively referred to as the "Proprietary Software" and are subject to the terms outlined in the agreement. Franchisees must also obtain the necessary computer hardware to implement the Proprietary Software and comply with all specifications and standards prescribed by Kidokinetics.

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.