What is the annual Teacher Webinar Fee for a Gokhale Method franchise, and when is it due?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
S
| TYPEOFFEE | AMOUNT | DUEDATE | REMARKS |
|---|---|---|---|
| Royalty | $10 – $180 per person per course; see Ex. A to theFranchiseAgreement | Theearlierofwhenwecollect thecoursefeefromyour customer,o |
Source: Item 6 — OTHER FEES (FDD pages 11–13)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, franchisees must pay an annual Teacher Webinar Fee. This fee is $240 per year. The payment is due upon completion of the Teacher Training Immersion Week and each annual anniversary thereafter.
This fee contributes to the ongoing training and development provided by Gokhale Method to its teachers. Continuing education is a common practice in franchising, especially in service-oriented businesses like Gokhale Method, to ensure consistent quality and updated knowledge among franchisees.
Prospective franchisees should factor this annual fee into their operating budget. It is important to note that, as stated in the FDD, all fees are subject to change at Gokhale Method's discretion, so the amount could vary in the future.