Besides the Franchise Agreement, what other documents impose obligations on Gokhale Method franchisees?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
the Marks.
To those ends, you agree to comply with our operating standards as expressed in this Agreement, the Teacher's Manual, and in Policy Statements. You understand that we have the right to suspend your right to teach, or that we may terminate this Agreement, if you fail to maintain our Operating Standards. You agree that you will not teach, administer, advise or represent any method, healing regimen or protocol, or any other activity that is not part of the Gokhale System as being part of the Gokhale System or Gokhale Method unless it has previously been approved by us in writing for your use as such.
8.2. Approved Formats. You agree to sell, offer for sale and deliver to students only the Gokhale System in Approved Formats and any related classes, services and products as have been expressly approved in writing by us and for which you have been qualified; to refrain from any deviation from our standards
and specifications without our prior written consent; and to discontinue selling and offering for sale any Gokhale Method branded class, service, product, merchandise, and equipment which we may, in our discretion, disapprove in writing at any time. The current schedule of Approved Formats and requirements for them is annexed as Exhibit B.
- 8.3.
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, franchisees are obligated to adhere to standards outlined not only in the Franchise Agreement itself, but also in the Teacher's Manual and Policy Statements. These documents collectively define the operating standards expected of a Gokhale Method franchisee.
The Teacher's Manual provides detailed guidance on the Gokhale Method system, while Policy Statements likely offer further clarification or updates on specific operational procedures. Franchisees must also adhere to the Approved Formats for teaching the Gokhale System, as detailed in Exhibit B, and must obtain written approval before deviating from these standards or offering any unapproved classes, services, or products.
Furthermore, if a franchisee obtains a loan to finance the franchise, they may be required to have a guarantor sign a Personal Guarantee (Exhibit C), which would impose obligations on the guarantor to ensure the franchisee's financial responsibilities are met. Franchisees should carefully review all referenced documents and exhibits to fully understand their obligations and the standards they must uphold to maintain their franchise agreement with Gokhale Method.