Children’s Lighthouse

Item 8

You must use QuickBooks® Online and the chart of accounts we require for the internal accounting and bookkeeping of the Franchised Business.

Item 11

There is no contractual limitation on the frequency or cost of these obligations or on our ability to access your information.

Franchise agreement

On or before the 10th day of each month, submit to us a profit and loss statement for the previous month, which is certified by you to accurately reflect the financial condition of your School according to generally accepted accounting principles.

Item 11

We have formed an informal, franchisee advisory council that provides insight and opinions relating to a variety of Franchised Business- related matters.

Item 8

We reserve the right to change our School management software at any time.

Item 8

During our 2023 fiscal year, we did not derive any revenue from franchisee purchases or leases which is 0% of our total revenues of $9,596,982.

Item 8

reserve the right to enter into agreements with vendors and service providers, which may provide us and our affiliates with revenue derived from your purchases and leases from such vendors and service providers.

Item 8

We estimate that required purchases or leases will represent approximately 95% of all of your purchases and leases of goods and services in establishing and operating your Children’s Lighthouse School, but these will vary with each School.

Item 8

We will notify you within 60 days of your request as to whether you may purchase products from the proposed supplier.

Franchise agreement

disconnect, or at our option, assign to us all telephone numbers that have been used in connection with the School

Franchise agreement

you will cause the Franchised Business to meet or exceed, at all times, all applicable security standards developed by the Payment Card Industry Data Security Standards (PCI DSS) council or its successor and other regulations and industry standards applicable to the protection of customer privacy and credit card…

Franchise agreement

Allow us entrance onto and into your School premises, including “virtual” School visits via in-School video camera systems or other developing technology, during regular business hours to inspect the School for quality assurance purposes.

Item 11

We may supplement or amend the Manual from time to time by letter, electronic mail, bulletin, video, or other written communications concerning the System to reflect changes in the image, specifications, and standards relating to developing, equipping, furnishing, and operating a School.

Item 11

You must not sign a lease or purchase contract for or invest in the premises of your School until you have obtained our written approval of your School’s proposed location.

Item 11

In connection with opening your School, or the earliest date allowed by state or local law, you must spend at least $35,000 on pre-opening and grand opening advertising and promotional programs, as set forth in the Manual.

Item 11

You must spend 1% of your Gross Revenue on local advertising and provide us written documentation of your expenditures on a quarterly basis.

Item 11

You must participate in any advertising cooperative developed for the marketing area in which your Children’s Lighthouse School is located.

Item 8

You must purchase or acquire from us, or from a supplier we require, the following: (1) furniture, fixtures, and equipment (including playground structures); (2) classroom inventory, toys, instructional materials, and educational materials; (3) curricula; (4) buses and bus graphics; (5) marketing and public relations…

Item 8

You must purchase or acquire from us, or from a supplier we require, the following: (1) furniture, fixtures, and equipment (including playground structures);

Franchise agreement

You will participate in our then-current electronic funds transfer program authorizing us to use a pre-authorized bank draft system, or in any other payment program we require.

Franchise agreement

In addition to staffing your School to meet your state’s classroom ratios, you must employ a School Director, an assistant director, and sufficiently trained staff required to comply with all state childcare licensing requirements; our standards, policies, and procedures; and all other federal, state, and local laws…

Franchise agreement

wear uniforms of such color, design, and other specifications as we may designate from time to time

Item 11

You will acquire and use only the software and computer and payment systems and equipment we prescribe (“Business Management System”) for use in Children’s Lighthouse Schools and adhere to our requirements for use, including without limitation, accounting for all Gross Revenue through the Business Management System.

Item 11

Access to the Procare system is Web-based, and the data is stored on a server for our independent retrieval and access on demand.

Item 8

As of the date of this disclosure document, we require franchisees to use Procare for their School management software.

Item 6

We or third-party providers may charge tuition for additional courses, seminars, or other training programs, and you are responsible for all training-related costs and expenses including, without limitation, tuition/attendance fees, wages, transportation, lodging, meals, and other travel-related expenses incurred by…

Franchise agreement

You or your Operating Principal must attend our System-wide meeting of franchisees.