factual

Can the annual fee for Gokhale Active (Premium) change at Gokhale Method's discretion?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

. Membership in Gokhale® Active (Premium) is required in order to maintain your qualification to teach the Gokhale Method. The current fee is $140 per year, subject to change in our discretion. Gokhale® Active (Premium) is also open to students who have taken Gokhale® Foundations, and Franchisees receive a referral fee for graduates they refer to, and who join, Gokhale® Active (Premium).

    1. We expect to change or add to continuing training requirements over time, and reserve the right to charge for such education.

Source: Item 6 — OTHER FEES (FDD pages 11–13)

What This Means (2024 FDD)

According to Gokhale Method's 2024 Franchise Disclosure Document, the annual fee for Gokhale Active (Premium) is subject to change at Gokhale Method's discretion. Currently, the annual fee for the Gokhale Active (Premium) membership is $140. Membership in Gokhale Active (Premium) is required to maintain qualification to teach the Gokhale Method.

This means that while the current fee is $140 per year, Gokhale Method has the right to increase or decrease this fee. This is a fairly standard practice in franchising, as franchisors need the flexibility to adjust fees based on market conditions, operating costs, and the need to fund improvements to the system.

For a prospective franchisee, this implies that the cost of maintaining their teaching qualification could fluctuate. It would be prudent to inquire about the factors that might influence changes to this fee and how frequently such changes have occurred in the past. While all fees are subject to change at Gokhale Method's discretion, it is important to note that none of the fees listed are refundable.

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.