What is the annual fee for the Gokhale Method Teachers' Meeting, and when is it due?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
e Agreement
| Item | Fee | Comments |
|---|---|---|
| Royalties | ||
| Gokhale® Foundations | $180 | Per student and course |
| Gokhale® Consultation | $30 | Per student and lesson |
| Continuing Education Class | $10 | Per student and hour |
| Billing Fee | 2.5% | Of transaction |
| Annual Teachers' Meeting Fee | $450 | Paid annually, upon registration for the Annual Meeting |
| Teacher Webinar Fee | $240 | Paid annually |
| Gokhale® Active (Premium) | $140 | Paid annually |
| Membersh |
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, the annual fee for the Teachers' Meeting is $450. This fee is to be paid annually upon registration for the Annual Meeting.
Continuing education is a key aspect of maintaining a Gokhale Method franchise. Franchisees are expected to attend additional courses, seminars, and training programs to stay updated with the Gokhale System. The Annual Teachers' Meeting is one such program, and attendance may be required to maintain teaching approval. Failure to participate in continuing training programs could lead to suspension of the franchisee's right to teach the Gokhale System until the training is completed and re-approval is granted.
Prospective franchisees should factor this annual fee into their operating budget. They should also inquire about the specific dates and location of the Annual Meeting to plan accordingly. It is important to note that the fees for continuing training programs, including the Annual Meeting, are subject to change at Gokhale Method's discretion, with thirty days' notice.