conditional

Under what conditions can Kidokinetics waive a portion of the Initial Management Training Program?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

Franchisor also reserves the right to waive a portion of the training program or alter the training schedule, if in Franchisor's sole discretion, Franchisor determines that Franchisee or Franchisee's Manager has sufficient prior experience or training.

Source: Item 22 — CONTRACTS (FDD page 59)

What This Means (2024 FDD)

According to Kidokinetics's 2024 Franchise Disclosure Document, Kidokinetics reserves the right to waive a portion of the initial management training program or alter the training schedule. This decision is based solely on Kidokinetics's discretion. Kidokinetics will consider waiving part of the training if they determine that the franchisee or the franchisee's manager already possesses sufficient prior experience or training.

For a prospective franchisee, this means that if you or your manager have relevant experience, you might not have to complete the entire initial training program. This could save time and potentially reduce expenses related to travel, lodging, and meals typically associated with the full training. However, the decision to waive any portion of the training rests entirely with Kidokinetics.

It is important to note that even if a portion of the training is waived, Kidokinetics still determines whether the initial trainees have satisfactorily completed the program. If the training is not completed satisfactorily, the franchisee will need to designate a replacement person who meets the agreement's qualifications to complete the training. This ensures that all franchisees and managers meet Kidokinetics's standards for operating a 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.